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


To: Bill Monahan who wrote (4954)1/25/1999 11:35:00 AM
From: Gordon Gekko  Read Replies (1) | Respond to of 5908
 
This current deal doesn't compare to the CMI buyout last August. It is a totally different animal.

One was a buyout and the other is basically a restructuring. I would venture to say that getting 10% of a $500M company will alone be worth more than 3/8. Then you have to add IDCN's old operations on top of it.

Don't give up hope yet. The mining is still scheduled for April. It would be nice to hear that the assay's have been complete, but they should be relatively soon. I am not sure if the surrounding Isaac's Harbor properties have been fully acquired yet. When they are then the drilling will begin.

Hopefully, we will have the news we so strongly deserve this week.

GG