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


To: rainman who wrote (2495)9/12/1998 1:20:00 AM
From: Jeff  Read Replies (2) | Respond to of 5908
 
here is the answer to your post rainman........

#reply-5728215

as far as junior mining companies go.........IDCN....is a 0...nada.....nothing......no major is looking at IDCN.......there will be no joint venture partner......in this current mining market....this just will not happen......period....

the majors first choice ......are companies in south america......due to the low gold price.....the cost of production is the "key" in todays market......in south america you can produce for anywhere from 75 to 200 dollars an ounce......there are some juniors down there that have been drilling for years.....some are claiming "huge" deposits....this would be any majors first choice for a JV........

compared to these other juniors......IDCN.....is a joke........IDCN thinks it may have up to 2 to 3 million ounces........and they are going to drill 4-holes to try to prove this up.......thats impossible to do......its a joke.....period

i called it early on........the buyout wasn't going to happen......i told people to not play mining stocks if you have no knowledge of these type of stocks......its a very dangerous investment in a bear gold stock market......

a walk down memory lane....

#reply-5614523

#reply-5574986

so in summary........compared to other juniors who have had projects going on for years now........IDCN....is not even on the the map......

regards

Jeff