International Gold Corp (IGCO) Message Board

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

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To: Semyon Kuretsky who wrote (342)	1/17/1999 4:50:00 PM
From: Semyon Kuretsky	Read Replies (1) of 405

current valuation and the price...of IGCO the stock price is based on supply and demand. buying. The company is being followed by a small group of investors that already shareholders and waiting on a side lines for further action.. Some will continue buying for greater gains, some will sell for a small profit... The fact is that this issue is grossly undervalued and will remain until IGCO or reputable PR firm will step forward with claims about deposit size and recovery cost... Company is unwilling make any such statements at this juncture without having all ducks lined up.. why to attract unwanted inquiries and to screw everything up ??? This will be HUGE and patience required... In about 6 month the world will know that IGCO has at least 45,000,000 oz of gold and if recovery cost will be in the area of $120, the stock price will be 45 mm * $50 / 68mm = $33. Good luck!

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