You are speaking of a situation totally unrelated to IDCN! You are trying to propose a timeline for IDCN by showing us the timeline of A DIFFERENT company and how THEY handled things.

Not the same situation!!! The information about the different company that had assays done on their gold is irrelevant to IDCN. In my opinion, it has no credibility for helping one produce a timeline for IDCN.

IDCN has said that news will be out in May. They have left us no reason to believe that news WON'T be out by June 4th. THAT is your timeline. What the COMPANY (IDCN) says. Not some other company that had assays done on a different piece of land by different people and had their assays put out in 10 business days. Irrelevant.

I'm 21. And I said that some OTHER company's Assays have NOTHING to do with IDCN's assays. It's in a different country, its a different company, it has no credibility for my investment at all.

I just disagree. It's a completely different situation.

Why? BECAUSE ITS IN CANADA! And a different company! And a DIFFERENT situation! I think it holds almost NO basis on IDCN's actions and activity at all. It's not bearish, its not bullish, its just irrelevant.

It doesn't pertain to IDCN's timeline, at all.

I'm not going to base IDCN's timeline to report their findings off of an assay, on the fact that another lab got in done in 10 days.

That's an absurd way to invest.

Thanks, I'll mark you back! And you are right, they definitely do have a moral obligation to tell us.

also, to your comment Pinks and BB company's dilute and spend share holder money. That obligates them to keep us informed because they are spending our money. Not saying IDCN is diluting now.
well, they ARE probably diluting because they DID tell us that they COULD fund the awareness campaign with dilution. Again, PRs, SEC filings, website updates - they have told you that they would dilute. It's all there as public knowledge.


But, going back to what I was saying about not listening to message boards...the emails sent to some holders....you can't put that towards your investment.

i have emailed the CEO like monday...he hasn't responded. ill let you all know, but you can't use that towards your investment, cause I am just a message board poster. I won't lie, and am not lying, but I would hope no one would invest based upon me.

PRs...SEC Filings, Website updates. That's ALL you have for knowledge of the company. That's all any of us have. That being said, everything truly is on schedule. April 21 PR, and April 29th update.

Like I said, I'll be pissed along with you after June 4th if theres no news.

(btw, i wrote that first post to you while on my phone at a cookout! sat there for like 15 minutes haha)

I like your posts, and I know you like IDCN, but the company did update us on April 29th on what they were doing. you can't give them a month before you get restless? I understand that you have more money than me, and more concern, but let's look at the picture for a moment:

you can't invest based off message board posters, so stockcharter saying he holds the float is irrelvant, though I do believe that his group holds well over 2 billion shares. all you can lsiten to is the company, and what they say. this pink, non reporting company. forget the manipulation for a second, because you're not talking about a move on manipulation, you're talking about it moving to a penny or more based on something fundamental (gold oil and gas).

so what do we know about the share structure? only less than 700MM authorized left, and they stated in last PR that they may have to sell shares to pay for the awareness campaign, which the duration of the campaign is not even 10% complete (april 22, 2010). they also said that they have a very tight share structure, which warns of the sudden 50% drop that we are experiencing now, and supports the 1c to 5c targets that some people are thinking. so, you don't need stockcharter to tell you that the shares are tight, the company has told you themselves in a pr. which, again, you must understand is from a pink sheet company! they are not obligated to report to us!!!

which brings me to my NEXT point. the company updated their website on april 29th and said that they know shareholders are disgruntled. think about it, the shareholders did start complaining on the boards about a week after the PR. so, they listen, and they told us a timeline, which you can assume is about a month. they said the sampling would be out in May.

so, in reality, this pink sheet company that has no oblgation to tell you anything, has established a trust with its shareholders by updating us and telling us, AGAIN, that the news would be out in May.

it says right on there that things take time. idont know why a single person would expect news before the latter half of May begins.

Which is today. But I don't think it will be out until after this week.

trust me, I like your posts, but ill be right there with you if the company doesn't come out with news by june 4th. the company has given shareholders every reason to believe that gold news will be out by then.

Wrong. Different awareness program

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49736638

You are wrong. Check the link:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49736638

The company said that they will be making us aware of the gold by the end of May.

STOCKCHARTER said that Stock Charter Group is going to launch their own 3rd party awareness once the stock hits .004

Assuming that the company is actually going to produce revenue, and since a few PRs ago they said they will be reporting cash flow from oil and gas in july...

then dilution can be good so they can pay for filing or something else that they need done, just as they said they were going to do in the securities awareness campaign PR

It's right in the last press release....

"Shareholders and/or potential shareholders should be aware that a Securities Awareness Campaign does not guarantee that a market will develop in the company's securities and that in the event an active market does develop, the price of the stock may not reflect the fundamental value of the company. It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock."

If the float was tight, which it is, we would move from .002 to .0012 on very little volume. which we did.

dilution. it's a good thing sometimes. like in our case, the float is tight, so someone will just buy them. The MMs were probably glad to pick up 50MM cheap shares AH at .0012...

how on earth would you know if the share count has changed or not? how can you even begin to say that not 1 t-trade this spring was dilution? The company hasn't released anything about the share count in months.

What? I would say those form T's are clearly dilution...i mean last time they reported an OS, they still have 700 million roughly to dilute if they needed.

AND the securities awareness Press Release said that they may sell shares to pay for the campaign....why wouldn't it be dilution?

or, were you being sarcastic?

well thats like 60,000 dollars...maybe they need it to file the 8k PR with the SEC? LOL who knows..

Shares traded @.0012 equal less than $100 only for today

if there is absolutely no PR by the end of the month? INCLUDING the week of Memorial day (ending june 4) then i think .0009, like you.

But i'm patient. The company has not once said anything that should lead me to believe that news should be out "by now" and that I should be panicking about my investment

yes, that is true, but at least if nothing else, that first part about the property news soon in an email to an investor should not be why anyone invests in this company imo. you should always invest based on what the company says (funadmentals) and charts (technicals). IMO

It would be quite redundant for them to keep saying "News at the end of May."

The news isn't supposed to be out until the end of the month, just as the CEO has stated many times.

haha good night. enjoy.

If you read the press releases, its supposed to be out in May. It's May 14th. Chill out.

i know it all depends on everything, but lets say everything goes as "planned" and IDCN is as great as everyone says it is after news.

what are you target prices for yourself? and for IDCN? for IDCN, i've heard .02 - .05

Haha Smit! I had no clue you moderated this board! You must be loving it over here. GL with the CNEX train to .012!!! Chart looks good, especially if you confirmed no dilution!

i also like how there is plenty of room for many bullish crossovers over the 50

I agree with your assessment smitter. I think that the time to buy will be soon if you want to catch that ASCO pump...but charts don't show it as a dead give away buy just yet. will have to get closer to .036 until you can see something

Me neither. I bought more today at .0014.

Since there are 4.3 billion shares? No, i'm not concerned.

THE COMPANY SAID THAT THEY WILL BE REPORTING IN LATE MAY ON THEIR GOLD ASSAYS!!! WHY DOES ANYONE THINK IT WILL BE SOONER!?

The impatience on this board is RIDICULOUS! You people act like IDCN is AAPL and is supposed to put out 5 press releases a week. Sheesh.

864k long GLTA..

adding more tomorrow. just 200$ but its still 200$. will take me from 721k shares to hopefully 850k. would love to get to 1 mil before the news but i just don't think ill have the funds.

i really don't think we get the big news until..not next week, but the week after. it could run and pull back and now i have a big enough position to where i can sell 350k before a possible pullback and leave 500k core position. i could possibly get to 1 mil that way before the news if i rebuy on the pullback.

this would be my first win on a pennystock. GETA fail, PWRM fail, IDCN....third times a charm?

this is getting very exciting!

that close is some weak sauce right there...

down 3 ticks? sure aren't gonna have that super-de-duper technical breakout with movement like this....damnit..

Well, they are here, so let's see. And, without the painters, you won't have a MACD crossover this week based purely on technicals

Ummm...did someone forget to call the painters?

Well, they didn't get here until almost 3:58 yesterday.

Okay..does anyone know if that was a good sample or not? Promising? Not promising? Potential? From the sample alone

Okay....so what gold news are we waiting on exactly?

Really? How long has it been there?

IS THIS NEW? "The recent sampling at Hockey Stick using grab samples and shallow trenching yielded a filed (with the Ontario government) result of 1.34 ounces Au (Gold) per metric tonne."

http://www.indocan.com/gold.html

IDCN is so unbelievably thin. Do you see these trades? 150k is moving a whole uptick or downtick now...

...

"It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock."

have you noticed all day long that the float appears to be more locked up than usual? this thing is ticking up and ticking down with much more ease than usual.

"It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock."