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Gold/Mining/Energy : International Gold Corp (IGCO)

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To: Semyon Kuretsky who wrote (385)3/21/1999 2:55:00 PM
From: CLK  Read Replies (1) of 405
 
This is one of the most fascinating gold plays I have ever seen with a combination truly huge upside and odd quirks including the ore, extraction, recovery, initial failure to fire assay etc. Also the share structure is unusual and it trades on the bulletin board. Nonetheless, if the gold is there and can be extracted, and gold moves, this one could be awesome. I agree with your comments on how it is likely to end unless a major does a tricky deal with them and steals it right out from under their nose. I mention that because it can happen more easily than people expect. Basically the major front runs the expenses and the junior never sees anything for all their exploration success.
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