IDCN - gold, garnet, etc. Message Board

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

IDCN 0.00001000

0.0%

Mar 6 3:00 PM EST

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To: David Sirk who wrote (1201)	8/23/1998 11:54:00 AM
From: Jeff	Read Replies (3) of 5908

i have been investing in mining stocks for 5-years now........this is the worst mining stock stock bear market in history........most mining companies are selling at 75 to 90 percent off of their highs...... there are many small companies with great properties and huge potential.........the problem........no money and no investors.....if this bear market last much longer......many of these companies will go under....... the good news.........when this market turns around you will see that the companies that survive.......will make you rich.......if you identify these companies early enough you will see many 10 and 20 baggers...you can buy these companies for 5 and 10 cents on the dollar right now...... i know many are here for the buy-out and no nothing of mining stocks....it would be a very good idea for you people to learn about these stocks while they are so beaten down....because when the dow has its bear market......and gold has its bull market.....your money should be in gold mining stocks...... i have a hit list of stocks i will be watching in 1999.....if the gold stocks turn......and i believe they will.....1999 will be a very profitable year for me...... i will warn you right now.........i would not buy a mining stock at this time......the reason......the months of oct, nov, and dec are traditionally very brutal on mining stocks due to tax-loss selling.......if you identify a stock you think will turn around in 1999.......buy it at the end of dec, or the first few weeks of jan,......those are the times when the stock will be its cheapest...... with that being said......my take on IDCN........the only chance for you to make money is a buy-out..........if the buy-out is bogus.......then this is just another small mining company with a great property and no cash.....this all could be just a promotion to put cash in insiders pockets.......i would feel better if this company announced a joint venture....a partner with cash......if they had that much gold as they think they have.....accepting a buy-out at .37 is absurd.......a joint venture and proven drill results......this company is worth billions..... for anybody who wants to learn about mining stocks......here are a few of my favorite sites........be sure to check out the links on these pages....you will find everything you need to know about mining stocks.......try to identify beaten down companies......follow them.....keep them on your radar......then when the market turns......jump in......if you play it right.........you will make a fortune..... canada-stockwatch.com stockscape.com goldsheet.simplenet.com remember.......check the links for more sites.... good luck regards Jeff

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