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Gold/Mining/Energy : ICN.V
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From: james flannigan5/27/2011 10:35:25 AM
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For those interested.

ICN is in my view a very hight value target.First it has a very small share float when compared to other Jrs.In the speculation game investors who find a company at or near its birth and make a discovery before many financings take place get the in on the "ground floor effect".That is the company finds a discovery with only a limited share issue early in its exploration.ICN fits that bill.

Shareholders will do well if more high grade holes are pending in the near future.I expect ICN will deliver more high grade holes at any time in the next few days to weeks.

Investors who are buying on only these 4 first holes may get rewards in spades if more of those holes are reported.There can be little doubt that ICN has a world class discovery in the making.Such high grade will in effect add up ounces much faster than most other gold projects.Its is also my view that ICN will attract a bunch of newsletter writers like flies on a rib roast if such high grade is at hand.

To call ICN a high value target is what it is a high value target.Major miners jomp at the bit for JRs with the kind of numbers posted by ICN in its drilling program.

The shares in my view are not reflecting the future blue sky capital gains that are in store for shareholders.

any way I see it ICN is very undervalued.

That may be about to change in a big way.

James
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