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Gold/Mining/Energy : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?


To: patchman who wrote (166)10/3/1998 9:54:00 AM
From: Semyon Kuretsky  Read Replies (1) | Respond to of 405
 
I feel good about the prospects not the current price of IGCO...
The fundamentals have not been changed but the price could be manipulated by MM trying to scare people and accumulate chip shares... and this is only guess
I asked Marcus about the big volume (350k shares ) and who was buying... He did not know
But somebody has faith and loaded up
The company thinks that the reserve is huge.. If this drilling program will prove it,
the potential here for stock appreciation is staggering..
After completing 9 holes IGCO started drilling around these holes new, so called, filling holes, to prove reserve!
Why they would do it if this effort would be worthless... This makes me to feel good about the company prospects and I hate the stock price.
Hope we will be rewarded for our patience..

Robert,
have you heard anything from Alertline
and what do you think about current stock price situation?
Please give us your insight..

Regards,

Sam