Club Mulgoa

Wednesday, October 17, 2012

ICN

For a long time soon after I bought this stock, it was doing very well.  The hype is incredible.  The company would be worth billions if what it said it has is true.  But when little is discovered due to lack of drilling, it started to fall.

In recent times, it has teamed up with a bigger brother, BPT.  The latest drilling result is great.  The rise does not match the good discovery.  But one drilling does not mean a huge find.  A few more are needed to confirm.

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