IDCN - gold, garnet, etc. Message Board

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Microcap & Penny Stocks : IDCN - gold, garnet, etc.

IDCN 0.00001000

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Mar 6 3:00 PM EST

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To: Tom Frederick who wrote (5838)	9/30/1999 12:04:00 PM
From: Greg Ehman	of 5908

Tom: I just posted about that very point on RB. Unfortunately, the POG is irrelevant to the share price of IDCN. IH is not a proven reserve, not even close to one. All the rise in the POG does is make more IH more attractive to explore. But based on what I've learned, I don't know if IH would be economical to mine if the POG was $400. And besides, they're years and millions of dollars (which IDCN doesn't have)away from the mining stage. So what are they going to do? Entice another company in? Tough sell! I don't think IH has it! Issue more shares to cover exploration costs? God forbid. I think we're stuck Greg

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