Many don't realize how huge this is. I have had shares since I first bought in Oct 2012, never sold 1 share. I will hold for far higher than it is now, I have my PPS prediction, waaay higher!
ICBT own 60% of Canwealth, Canwealth IPO will be $15 million and ICBT gets a cash injection of $9 Million of that initially there will be 65 Million Canwealth shares at at least $1.00 each (IPO's can go up greatly) so Canwealth will have 65 million shares at at least $1.00 that is $65 Million dollars, in time ICBT will have 60% of that, that is $39 Million dollars cash infusion!
That is not even counting the $11.6 Billion $$$ AGAT estimates from the 1 mine, taht is also not counting any JV with another gold producers, any Acquisitions or buyouts etc..
So, if we get $39 million (just from Canwealth total share sales) divided by 776 mill shares -that gives estimate @ .05
If we get even 1/10 of the estimated $11.6 Billion from the 1 mine, divided by 776 mil shares = $1.49 (that is 1/10)
if we get the full $11.6 billion over time its valuation is = $14.94 per share
So, I will hold my shares till true valuation is reached!
$ICBT
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