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Gold/Mining/Energy : International Gold Corp (IGCO)

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To: Robert who wrote (217)10/24/1998 7:23:00 AM
From: Semyon Kuretsky  Read Replies (1) of 405
 
Looks like the stock wants to go north before the 'real' news are out...
After the news without the 'numbers' some folks have been waiting for the stock to pull back to load up at lower prices...
Seems like this strategy did not work out...
My gut feeling tells me it will start hitting up from this point...
About the news release...
Robert Page and Chuck, I second your opinion regarding news release
It tells us that company consistent with its business plan and things are moving along well..Some silver and platinum can only help adding to the bottom line and reducing recovery rate...
The fact that samples are being checked in two labs with subsequent
drilling 21 reverse circulation in-fill holes spells out
success in core drilling..
Plans to drill 2 holes to a depth of 1000 ft tells us that grades have
been consistent or improving as they moved deeper..(more gold )
If IGCO can only confirm preliminary drilling results with improved
recovery rate - we have a big winner..
If grades improved we might have a monster deposit.

In a week or two we should hear the rest of the story...

Regards,
Sam (trying to be patient)
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