You are correct! Those are ice pics, in case one goes through the ice. If they are around your neck, they pull apart easily (I put vaseline on my pics) and are easily accessible. Adrien, awesome pic of the nice Togue, in front of the "flag"!
Thanks Richard, I had a feeling they were a safety device, good idea giving them out to his clients,not being an ice fishing guy, I had no clue. Great idea for all that ice fish.