Kiwiboy. Inca have been hit by an unfortunate situation where a...

Kiwiboy.

Inca have been hit by an unfortunate situation where a very large holder has been caught in a situation which forces them to liquidate their holding in ICG.
This in no way, I feel anyway, is a reflection of their feelings about Inca's chances of success and, they would be hating their own situation that sees them having to take the action that they are taking.
This sometimes happens with big holders, which can be a two edged sword for a company, when the likes of RCF take a stake in your company.
If we go back to when they first came on board, everyone was saying how good it was and what a sign of confidence in ICG that they were showing.
Personally I would prefer one S32 to a hundred RCF's to be on my company register. RCF are a hedge fund and are not really interested in mining anything except money from the market, where as S32 are one of the world's great diggers and are keen to see us succeed.

"Are long term holders happy"
As a large, very long term holder, I can say that I am not overly happy, however, I am a bloody sight happier than I was a few months ago as we are now starting to see real possibilities, and real action, towards seeing our pain converting to real benefits.

This is the exploration end of the market, and maybe, you are not suited to the stress and strain of spec stocks.

I have no idea how old you are but, if you are under 50, I feel this is a huge opportunity for you.

Heaven give me patience, but please do it now.

Lockitt