I have monitored Cazaly for the last 6 days (because the director bought at the market for 8c) and I found very odd on the buy and sell trade. It appears to me that they 'purposely' played and pushed the prices up. The sell side is super duper thin for the number of shares they have in the register. Anywho, I will look into this ICG. thanks mate. [LD]
Anyone wanting to join geologist Jonathan West's private group on ICG and you're on HotCopper... He sends out regular updates and commentary on the company - he also has a substantial investment in ICG - and his knowledge is very useful for info on the tenements & activity etc: Just drop him a line here: [email protected] He tells me that members of the group currently hold over 25% of shares in issue, so it's a sizeable number of peeps.
Next Small Cap - Report out today... http://www.nextsmallcap.com/cashed-asx-adventurer-set-drill-zinc-peru/ "Backing a cashed-up micro-cap, multifaceted zinc-silver-lead (and let's not forget gold) explorer, operating in a low-cost area with superlative metals grades already confirmed, could be a masterstroke when considering the possible trajectory for this company relative to its peers." (Disclosure - I hold ICG.)
Announcement - New Riqueza permitting progresses: http://www.asx.com.au/asxpdf/20160825/pdf/439lz80f0dwybc.pdf
Announcement today More Than Thirty New Discoveries Made at Riqueza: http://www.asx.com.au/asxpdf/20160829/pdf/439q4hb9vygt8l.pdf
I've still got another buy order in at 0.005, just in case it dips wildly as these sub penny stocks tend to do.