Hey Tshaq,
I thought I'd respond to your message on the board, as I think this information maybe useful to others.
Let me just give you a quick run down of why I believe Canwealth's findings are positive from my DD and previous knowledge.
When it comes to claim sites established in a Brownfield for Gold it is an industry standard that out of every 50 claim cells, you can expect to find 1 fisher with an abundant amount of gold. Now a brownfield is a zone or terrain in which the minerals or elements in question have been proven to be in abundance from previous investigation, and the Shadow Mountain region is designated as that. With this information, we can deduce that we have the probability of finding roughly 4 fishers in the 233 claim cells Canwelath currently possesses, which are not guaranteed but have positive prospects because we will be drilling in a brownfield. We also know from recent pr's that AGAT Labs tested some of their initial samples, and found it to contain .396 ppm for gold. Now golds abundance is found in low quantities compared to other elements like copper (50 ppm) and nickel (.007 ppm), and is most often excavated at a ppm of .005. However, we have a .396 ppm rating for gold, and I believe that to be evidence of a huge deposit of gold for a superficial sample to test at .396 ppm.
I believe that with core drilling and further testing to verify current findings, ICBT will take off based on the verification of a mineable amount of gold and other REEs. Even with the current news, we should be at .0030+ at least, but my opinion is that flippers and MMs are controlling the market and as more investors begin to accumulate and hold, we should see the pps rise before lab results come out in September. Some people on the board have been claiming that dilution will happen, as I feel that ICBT does not need to raise anymore capital to fund Canwealth's exploration. They would benefit more from an increased pps than to dilute and lose current/possible longterm investors, and a resulting collapse in pps.
These are just my opinions, and are based out of my DD. I do encourage everyone to do their own DD and make the best educated decision for any investment opportunity. Hope this helps.
Cheers,
Darth
Go ICBT
