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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (1195)8/23/1998 10:56:00 AM
From: Stockbull  Read Replies (1) | Respond to of 5908
 
Companies have to start somewhere.You take the good with the bad.

I think most realize this,the risk,the lack of info,so why dump
on someone who is honestly trying to get some answers.

Maybe you should be posting on the "things that annoy me" thread.




To: Mr Metals who wrote (1195)8/23/1998 10:58:00 AM
From: Sojourner Smith  Read Replies (1) | Respond to of 5908
 
I think that it should be a requirement that all
companies have to report their financials.
However, reporting does not guarantee
anything. I went back and looked at MEGH filings
last Spring for the year before.
They were a reporting company and they seemed to have a major elevator contract lined up with China. Months later they went
down the tubes. They didn't report that they didn't
have the financing together.

BTW I could have gotten out of IDCN
with a small profit 2 times.
However I stayed because I could get more positive dd than I
could with most bbs.

So far Mr. Metals and Jeff have only found that this company COULD be a scam because it is a Canadian company on a U.S. exchange, or it COULD be scam because Bre-X was, or
it COULD be a scam it is too good to be true, or it COULD be a scam because....

So far all you have is "could be"s.

If this stock was reporting and the TUNS report was complete, IDCN
IMO would be much higher.

If anyone can think of another angle to verify things
please do so or tell me and I will.

At .09, I feel IDCN is a low risk bargain.
Of course that depend how much you invest.
Don't go overboard with any stock.
Considering there are great mining stocks that are
hit hard in price, IMO IDCN may not get to $5.00 very soon.
But I am certainly waiting for the TUNS report.

BTW Henry gave me Toronto exchange tips:
INCO and Gold Reserve.