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


To: Mr Metals who wrote (1218)8/23/1998 1:35:00 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 5908
 
no, I have 110,000 shares at about .105.
The worst situation I see is there is a war
or the offer is not accepted and IDCN has to
sit on their gold for year.
The low IMO could be .05
So if I sold at the low, I could lose is $5000.
So I figure that's the max I am willing to lose.
Since there aren't many sure things, I feel happy
with the amount I have invested now.
I might get a little bit more.
Not sure yet.
I am very conservative and careful.




To: Mr Metals who wrote (1218)8/23/1998 1:48:00 PM
From: Jeff  Read Replies (2) | Respond to of 5908
 
who could lose money on this deal????????.........

the shareholders.........if this is all promotion and no substance........the price will never get over .14........the sec. could halt the stock....and then you lose 90 to 95 percent of your money......

the european investment group...........they might buy a worthless property for 16 million.......are they stupid......or do they know something.........

jeffrey bruhjell.........he could sell a billion dollar gold mine for 16 million......

are these investors and bruhjell here to lose money........i doubt it.....that leaves the shareholders as the possible loser in this......

again i believe a small mining company sitting on what it believes to be a 2-7 million ounce deposit would not sell for .37.......they have the money to drill......they get the results.....if things look good they will get offers from other companies for a joint venture......they then are able to get a percentage of a billion dollar gold mine.........

since the board voted to accept the .37.........it looks like there property is not even close to a million ounce property........

you had better hope that those european investors are a bunch of idiots........

regards

Jeff