SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Money Maker (MM) who wrote (156)4/4/1998 3:05:00 PM
From: RD  Read Replies (1) of 188
 
If you're going to start comparing Ikar to any other mining project maybe you should research Ikar a little more thoroughly before you start touting other stocks in your personal portfolio! It's important to note that Ikar has several minerals, most of which are a by-product of tungsten. Gold happens to be one of those. So is silver, copper and cobalt. My research tells me that based on the mineralization that's been identified any one of these minerals could be mined and the production of that mineral alone could pay for the entire mining production of all the others. My research also identifies that the cost of labour in Tajikistan averages about seven U.S. dollars per month for labour. If this is the case than at that rate gold could be $50.00 an ounce and it could probably still be mined at a profit. All this information is readily available to anyone either through Ikar printed matter and accessing information on Tajikistan off the Web. As far as I'm concerned the corporation has nothing in common with MINE other than it is a public company. Even with that it has no structural similarities. If you want to compare MINE with a gold project why don't you compare it to Nelson Gold in Tajikistan. They are mining gold with a producing mine. The similarity for comparison is that it produces gold only and has 98,000,000 shares issued ! It was trading in the low $0.30 range the last time I looked. It was brought to my attention just recently that based on the mineralization in less than 3% of the Ikar concession, including extraction, labour, taxes and contractual agreement costs for mining the tungsten, gold and copper the Ikar share price should be $40.00 per share ! For my money, I am secure in my investment in a project that has several mining possibilities, low labour costs and an excellent company-government relationship. I am also hearing word that several world financial organizations are touting this area as the next area of economic growth. The January issue of the Economist magazine listed Tajikistan as the 16th fastest growing economy in the world. I think that if your in this Ikar stock at anywhere under $5.00 you're in excellent shape. For now my money's on Ikar.

Stock Chick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News