SCHUMACHER
14-03-2013, 12:32 PM
Came across this gem recently has hit a high of 17c and back to 4.6c which is now extremely oversold...anyway take a look as they are based in PERU amongst the land of giants as neighbours and in the investor presentation link attached it says they have had unsolicited approaches from existing producers so could be a winner....only 300 million shares on issue so not heavily diluted like some juniors who have over a billion issued script
so take a look and would be interested to hear from others- cheers Schumacher
• Unsolicited approaches by global producers regarding Chanape
...and these guys are producers who are aproaching them...interesting
They may get money thrown at them in this instance but highlights a capital raising around 5c next time IMO
they could be sitting on a massive rich sulphide
on the Technical analysis front----next resistance level to break is 4.8c
Assets
CH-DDH001 maiden hole
• Develop world-class copper porphyry asset
• Delineate near-surface gold resource
Corporate
• Unsolicited approaches by global producers regarding Chanape
• Inca will seek to add value to assets and then consider options
• Market capitalisation of ~$12 Million significant upside potential
Inca’s value proposition
• Identify early stage, large potential assets in South America
• Core competency is to revalue assets through exploration
Great announcement showing the breccia pipes - 2 of 50 that show gold and silver deposits and grades which lead into a larger anomaly deposit below- what and how much is dOwn there is yet to understand but its in the Peru PROVINCE with all other mining majors....this actually is starting to look very good at 4.5c this could blow up in terms of shareprice appreciation over coming weeks-- fortunately i bought back in at 4c today
https://invest.etrade.com.au/QuotesAndResearch/News/Default.aspx?symbol=ICG&tab=ASX%20Company%20Announcements#
https://invest.etrade.com.au/QuotesAndResearch/News/Default.aspx?symbol=ICG&tab=ASX%20Company%20Announcements#
so take a look and would be interested to hear from others- cheers Schumacher
• Unsolicited approaches by global producers regarding Chanape
...and these guys are producers who are aproaching them...interesting
They may get money thrown at them in this instance but highlights a capital raising around 5c next time IMO
they could be sitting on a massive rich sulphide
on the Technical analysis front----next resistance level to break is 4.8c
Assets
CH-DDH001 maiden hole
• Develop world-class copper porphyry asset
• Delineate near-surface gold resource
Corporate
• Unsolicited approaches by global producers regarding Chanape
• Inca will seek to add value to assets and then consider options
• Market capitalisation of ~$12 Million significant upside potential
Inca’s value proposition
• Identify early stage, large potential assets in South America
• Core competency is to revalue assets through exploration
Great announcement showing the breccia pipes - 2 of 50 that show gold and silver deposits and grades which lead into a larger anomaly deposit below- what and how much is dOwn there is yet to understand but its in the Peru PROVINCE with all other mining majors....this actually is starting to look very good at 4.5c this could blow up in terms of shareprice appreciation over coming weeks-- fortunately i bought back in at 4c today
https://invest.etrade.com.au/QuotesAndResearch/News/Default.aspx?symbol=ICG&tab=ASX%20Company%20Announcements#
https://invest.etrade.com.au/QuotesAndResearch/News/Default.aspx?symbol=ICG&tab=ASX%20Company%20Announcements#