The market can be asleep half of the bloody time too. Lets see...

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21/05/18

17:27

Post #: 33238337
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Originally posted by Dr Jonathan West ↑

Findingnemo ..... hold the faith!! I have not posted on this thread for a while, however, the last couple of ICG ASX releases have been very positive.

The market, as we all know is a totally irrational beast - at least in the short term - and there appears to be no logical reason for the recent tanking of the share price, as there has been nothing but positive news. Sure, it is frustrating as there "appears" to be no progress, but as I keep reminding you all - exploration is a game of elimination as much as discovery and things don't happen overnight.

For me, they have eliminated a lot of the risk with securing (subject to a positive geophys survey) of the potential JV with S32. Then we have the ASX release on the Rastillo (old Humaspunco area) a couple of days ago, where they not only talk about the potential for defining a resource in the near term (and look at the possible dimensions of the announced mineralisation to understand the potential size of the resource- subject of course to grades being consistently demonstrated!) but for the first time have reported what I think are some decent vein widths - which if repeated, will seriously add to the overall potential.

Whilst there is a long way to go, for the first time in a couple of years I am feeling that we have definitely turned the corner and that not only will there be a constant stream of exploration news, but that it could all lead to a very nice outcome with the declaration of a decent size resource. Time will tell, and as I have repeatedly said exploration is a long game - in both odds and time to deliver - but I sense something special could happen here and the long time and loyal shareholders, who have stuck through the tough times, will be rewarded at last.

I already have 9 million shares, but I must admit with the unexpected and, in my view, unjustified drop in the share price today, I am seriously considering rounding my holding up to a nice even 10 million.

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The market can be asleep half of the bloody time too. Lets see how INCA go with S32, but all jokes aside I think things will work a treat here.

ICG Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.066M

Open	High	Low	Value	Volume
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Price($)	Vol.	No.
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The market can be asleep half of the bloody time too. Lets see...

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

Pantera begins drilling of maiden test well at Smackover

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

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