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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: P.E. Allen who wrote (17)8/12/1998 8:40:00 PM
From: xbrent  Read Replies (1) of 5908
 
Sounds like management of IDCN will reject the buyout offer immediately. I would love to know what some of their other offers are, that would be very helpful to us. If they have a $1 offer for example we could easily run to $1.25 or $1.50 without getting our necks out too far. Mangement is seemingly holding out for much more.
They talk about $10. Perhaps they would settle for $4 or $5 and call it good. Well the assays are available from their preliminary testing and that should compute to a value range according to people who value mining property with frequency. The cost to mine this gold and convert it to ingots will need to be guesstimated.
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