Awakening the Sleeping Giant...in a Land of Giants!
The first two pages are very important as the summarise the project.
$3Billion to $5Billion Asset Potential…..Current Mkt Cap is $100Million This is why multi trillion dollar funds continually invest in IDC.
The sheer size of Mt Kare and the soon to be confirmed bonanza gold and silver grades will lift the market cap of IndoChine Mining at time of production in early 2015, only 2 yrs from now, to between $3Billion-5Billion!
The Number of Shares Outstanding is currently only 722Million.
If Number of Shares Outstanding as a worst case scenario doubles at time of production to 1.5Billion A $3Billion to $5Billion Asset/Mkt Cap equates to a share price of between $2-$3.33.
Or an increase of between 1333% to 2220% from the current 15c share price!
Broker Coverage to Commence soon, Bonanza and High Grade Gold Drilling and JORC Upgrade all in the next 60 days!
The difference with Mt Kare and the resource journos and geologists know this very well, is the Grade of Gold and Silver is SPECTACULAR!
A very tightly held shareholder registry, by the world's largest institutions and professional shareholders. Only 20% of the shares are held by private individuals.
With the price of gold and silver both expected to rise significantly in the next 12 months, even the conservative numbers in the PFS will significantly improve the IRR%, let alone the Bonanza Gold Assays to come!
The most important thing is that IndoChine has worked closely with the PNG Govt, landowners and locals!
We don't only have 1,000metres plus to drill beneath the current resource! But we also have Bonanza Zones confirmed by Mr Burgess, the man who found 10Million ounces of Gold at our Brother Mountain Porgera!
The pink areas will be targeted with drilling to start next week.
And what about those gold and silver grades!
The majority of the 2.1Million Oz JORC drilled by Buffalo and Madison was built up from Bonanza Gold/Silver Grades!
AMAZING!
Cheers Nectar
IDC Price at posting:
13.3¢ Sentiment: LT Buy Disclosure: Held