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

To: VBroady who wrote (3066)	10/1/1998 7:20:00 PM
From: ROY DEL	Read Replies (1) \| Respond to of 5908

I can't believe it, catching up on the thread this evening and everyone's actually talking about IDCN instead of football.

To: VBroady who wrote (3066)	10/1/1998 7:32:00 PM
From: Gordon Gekko	Respond to of 5908

IDCN will have an immediate book value. However, it will trade with a discount to that price. I am not a mining stock expert, but I believe 50% is reasonable. I am not sure how that $11.50 was calculated, but I doubt we would see $5.75. In addition that number was based on 250K ounces of gold and not the rumored 4-7M. We still have the garnet property as well. I believe the TUNS report qualifies as further testing. The stock will attract a lot more attention when a book value is determined. It might be a good idea to look into other mining companies to determine how their stock trades relative to their stated book value. A documentation on how the stock moves in relation to the mining progress would be useful as well. GG