Mr. Broady, I don't know where to start. I'm laughing and crying at the same time. IDCN starts off with BIG NEWS on a DEFINITE deal on Garnet and a buy out offer for $0.35 per share. Then nothing. Next, we start to hear about the gold opportunity with plenty of back up for why this is a good site. Equipment is purchased, we get pictures on the web site on progress, no real verifiable assays, but plenty of hype and non official news about veins being identified with lots and lots of gold. Then...nothing. No more news, no assays, nothing. THEN, here comes the gas. IDCN is talking to people, lawyers are busy, wells being drilled, maybe we'll know by May of 1999. Then...big surprise...nothing.
NOW we're into limestone and spring water? What the *&^%$# is going on? What happened to the garnet, gold and gas? If IDCN at least stuck to a theme the next resource should have been either grapes or graphite.
It's impossible to take any of this seriously with a history showing absolutely no follow up or resolution to the miriad of other resources we have already been lead to believe were the reason behind investing in IDCN.
Where are the official press releases? You know , the ones which carry a legal responsibility for accuracy? We haven't had independent verification on any of the resources IDCN has claimed so far.
Maybe they are all legit, but in that case IDCN is grossly unprofessional is taking a reserve and proving it up and as a result creating shareholder value. If the three g's turned out to be duds, just tell us. If they are doing work, tell us. But I want to see a press release that pins them down on accuracy and details.
In the meantime, maybe someone out there can tell my why we should believe that limestone and spring water are any more real than the garnet, gold or gas stories.
Tom F. |
