 |
 | |
 |  |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
IKAR Mining Tungsten Iron Ore gold, silver, copper, and cobalt Share Capitalization Shares Authorized: 50,000,000 Shares Issued: 16,300,000 Public Float: 6,300,000 Officers & Directors J.H. Muller, President Randall Andrus, CEO H.J. Offers, Director Gordon J. Hoffman, Director Bennie B. Grabow, Director Investor Relations 1360-1124 Lonsdale Avenue North Vancouver, B.C. V7M 2H1 1-888-322-IKAR (4527) IKAR Mineral Corp. #3-1037 Marine Drivet North Vancouver, British Columbia Canada V7P 1S6 telephone (604) 986-9961 fax (604) 986-9962 Email: ikar@intergate.bc.ca IKAR Web Site; ikar.com Are you tired of mining Companies that spout GOLD and nothing else. Well IKAR has a wining combination of not just Gold but a huge amount of Tungsten as well as Iron Ore , silver, copper, and cobalt. After the last news release in regards to the IMF which I will touch upon later on this post. I was compelled to start this thread for the mere fact that the many other threads did not do this company justice on the initial start up post on IKAR no other information other than a few lines of basic thought's. Tungsten that is a key word for this company and that is why I like it over just simple gold mining stocks. To put it simply IKAR has a vast array of resources Tungsten being their largest the rest just adds to the value of this company. Tungsten is used in many different ways from the military to the lights in your homes. Just some of the many forms of Tungsten include TUNGSTIC ACID, TUNGSTEN CARBIDE POWDER, CASTING TUNGSTEN CARBIDE, CASTING TUNGSTEN CARBIDE IN TUBES, FERRO TUNGSTEN, Wolframite Concentrate, Blue Tungsten Oxide, Pure Tungsten Trioxide, Tungsten Carbide Powder ECT...... Just some of the applications that Tungsten is used are Lamp Filament,Colied-Coil,Grid,Cathode Filament,Folded Filament,Stranded W-Wire,Heat-element,W-Heater Element Brazed Carbide Tips,Indexable Inserts,Cutting and Milling Tool Tips,Rock Drilling,Geological Prospecting,Coal-Mining,Drill Bits for Mining and Oil industry,Blanks for Drawing Dies,Cemented Carbide Tube,and Strips OK I guess I could go on an on so here is one of many links about Tungsten and it's applications; minerals.er.usgs.gov Now let me express this scenario and I am sure you will find it very interesting this was in one of the latest news releases by Ikar; On the advice of its board, Ikar announces the following corporate developments: Re-Incorporation in the State of Delaware Ikar has re-incorporated in the State of Delaware. Henceforth, the company will be known as ''Ikar Mineral Corp.'' The company's shares will continue to be traded on the OTC Bulletin Board under the symbol ''IKAR.'' The company has now applied to become a fully-reporting issuer. You will notice IKAR has applied to become a fully reporting Company. Now read below if IKAR brings in huge profits who will benefit since now they are a Corporation in the State of Delaware. I feel the U.S. reliance on foreign sources of tungsten materials will regress as IKAR proves to the world its reserves!! The U.S. reliance on foreign sources of tungsten materials has increased by nearly 40% since 1984 compared with the average for the previous 10 years. Much of this increase was the direct result of a steady decline in domestic mine production and an increase in the production of concentrate for the world market by the Chinese. I can go on this for ever but let me share my thought's on the latest developments with IKAR in regards to the IMF as well as government officials. First the release; biz.yahoo.com The IMF (International Monetary Fund) has been in contact with Ikar after learning of the size and potential of the company's 100,000-acre Rushan Complex because its development will prove to be extremely meaningful to the emerging Tajik economy. Who is the IMF (International Monetary Fund) simply put the most powerful monetary fund in the world. If you read the news release they have been in contact with IKAR and a meeting is scheduled to be involved to suppling capital needed for Tajik economy to mine the rich reserves as stated in the Russian report and backed up by the Kilborn Engineering Pacific Ltd., a member of the SNC Lavalin Group. biz.yahoo.com To better understand who the IMF (International Monetary Fund) and the power they posses is here is a link to their Web Site. imf.org My main concern with any Company is the issuing of shares to gain capital for projects, equipment , accusations ect..... IKAR at present especially for a mining Company has a very low share distribution a total of onlyApprox 16.3 Million with a float of around 6.3 Million. I feel if a deal is struck with the IMF and I am confident to one degree or another it will be. Funding will not be any problem for IKAR and share dilution at the very most minimally will be effected. Also let's not forget that the total limit the company is allowed to issue is only 50 Million! If IKAR was depending on just Gold I would not be in this stock, their resources are spread out with a combination of many different metals Tungsten being the most prominent. To put it bluntly if a deal is hit with the IMF, to use IKAR as a means to improve the Tajik economy get out a calculator compute the total issued shares of this company (16.3 Million) with the Billions of un mined reserves that are sitting in only 10 percent of the Rushan complex, which totals about 100,000 acres. 16 Million times a buck is only 16 Million dollars it doesn't take a brain scientist to see were this will go. Gold mining companies are a dime a dozen, but talk Tungsten and we are dealing another set of cards China being one of them. As always before you invest do your own DD, call the Company verify and feel confident before you invest. The information on this post are my thoughts and my opinion of IKAR and it's potential. Much of it is based on factual information via either news releases, other sources and by public information from IKAR. | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |