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


To: Greg Ehman who wrote (5332)2/26/1999 11:05:00 PM
From: Cola Can  Read Replies (1) | Respond to of 5908
 
I hold IDCN, and I hope to God this is real! But I wouldn't bet my first born child on it. There is NOTHING substantial to support anyone's claims here, especially not the claims at the IDCN website.

PLEASE, PROVE ME WRONG!! I want to make money too, but in all honesty, I'm holding this stock on speculation, NOT on proven reserves!


A very good way to increase the value of the stock
you own, and attract others to buy is to "bash it."
Nice going Greg, we'll all be rich soon. If I own
a stock that I don't like, I will never attack it
publicly, but rather discuss some concerns, in PM,
with other shareholders. Because if I don't like
a certian stock and wanted out, why would I talk
anyone out of buying it from me? The first thing
I look at, before I buy a stock, is the posted messages
on SI. If the shareholders themselves don't like it,
then I'm staying away "PERIOD! That is the
very first thing I look at and sometimes ask. That
is, "what do you, the shareholder think of
this stock?" If what I see is good, I'll continue
my DD, if not, I write off the stock and move
on. If I'm in a stock that I think stinks, I'll keep
my mouth shut and hope it goes up. If I see no hope
in a stock, I sell, take a loss and move on.

Cola Can




To: Greg Ehman who wrote (5332)2/27/1999 5:50:00 AM
From: Mick33  Respond to of 5908
 
What's your point Greg?? Normally I don't respond too many times to messages but this is a penny stock and like everyone else I hope it hits too, but why chastise people who want to hype or bash? you know why you invested and shouldnt be swayed by anyone else its their money and if they want to ride emotional highs and low well then why not? you want to see facts OK wait for facts that satisfy your needs. Sorry but you asked for a reply. I am not wanting a confrontational dialog but to each his own.



To: Greg Ehman who wrote (5332)2/27/1999 6:13:00 AM
From: Your Highness  Respond to of 5908
 
I think Homestake Mining has proven resourses. . . This is a penny stock. You buys your ticket and takes your chances. . . I love scepticism. I'm a sceptic myself. . . The downside on this stock is @7-8 cents last time I looked. Used to be 2 cents. Just think, you could have already been in for a four bagger.

Go buy some IBM, if you can afford five or six shares. I'm sure you can rest assured your money will be well spent and you can live on the dividends.

But, hey, thanks for the negativity! We were all getting a little too happy around here watching our investment grow slowly and surely. I'm sure you have come to save us from our folly.

Best of luck and good investing!



To: Greg Ehman who wrote (5332)2/27/1999 8:14:00 AM
From: Harry_Behemoth  Respond to of 5908
 
Hi Greg-

Nice post. Investors should stay objective and stick to the facts.

You wrote:

It boils down to a recent reasonably famous quote...

"SHOW ME THE MONEY!!"

I prefer to invest before they show the money. Much more profitable that way!

People are hyping this stock, that's it, there has been NOTHING here but hype and speculation! ANY investor who makes conclusions about a gold (or any other other precious metal) deposit based on ONE drill hole is a fool. I'm sorry to be blunt, but it's true. As I mentioned in my earlier post 'it is absolutely IMPOSSIBLE to make any accurate estimate about profitability or reserves without a 3D geochemical analysis'.

They never claimed that the purpose of the drilling was to quantify their reserve. It was to get an idea of what they have, and where to mine. There is no doubt that they have gold there. The current low price for gold may make current mining (other than maybe their high yield quartz veins) marginally profitable. They still have the reserves, and can sit on it until gold prices recover. You must agree they MAY be sitting on a lot of gold...

I hold IDCN, and I hope to God this is real! But I wouldn't bet my first born child on it. There is NOTHING substantial to support anyone's claims here, especially not the claims at the IDCN website.

I agree this is risky, as all penny stocks are. It's all boils down to an individual's risk/reward tolerance. Regarding hype, I have not seen much on this thread. Speculation, yes. I typically post web page updates and factual links here.

PLEASE, PROVE ME WRONG!! I want to make money too, but in all honesty, I'm holding this stock on speculation, NOT on proven reserves!

Me too!

I don't understand the logic here people! Manfred, you pulled that excerpt off the Nova Scotia Government website, about the Meguma Group... It's a website designed to provide hype and attract investment - of course they are not going to say that other properties in the Meguma Group are ONLY marginally economic! That would be silly.

We disagree here. I posted the link
gov.ns.ca
I think any objective reader would consider the information there factual and benign. Are there factual errors there? You claim "it is designed to provide hype and attract investment"? A bit harsh methinks.

The economic properties have been mined off prior to WW I and now they're waiting on technological advancement. Talk to ANYBODY who knows the Meguma Group and they will agree!

Have you talked to EVERYBODY who knows the Meguma Group? 8-)
Sounds like anti-hype to me! What about the guys from the webpage?

My bottom line. If the reverse merger happens, we make money. Good assays, we make money. Both, we make ALOT of money. Neither, see ya at .02 .