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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: ROY DEL who wrote (1924)8/28/1998 7:23:00 PM
From: Sojourner Smith   of 5908
 
I read today that gold mines are running lower quality
mines because it is not cost effective to get to the higher
quality gold. So maybe our site will be easy to get to the higher
quality gold and therefore be a desireable property. Any thoughts
on that, mining experts out there?

I can't figure out the currency/gold issues, but Japan has threatened to sell U.S. treasury's to buy gold. If the IMF won't be able to loan anymore, maybe gold will make a comeback.

The industry is in a slump now, from what I have read.
However, maybe the buyers of IDCN see this a bottom of a turnaround. There timetable may be longer than ours.

The key to this deal IMO in the short term is the buyout.
I don't believe insiders would have bought so many shares recently
if they didn't think they could make something near-term.
I believe that we will get the current deal or a better one.
I am sure IDCN knows that there is a slump in mining stocks so
they probably know that it will be hard to get investors in a BB.
IMO it makes sense for them to really seek out a buyer.

Most of the above is conjecture, and I open to any thoughtful comments. "No way" type comments are useless.

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