180m of gold on mt kare + bonanza drilling, page-20

Usually, a complete lack of understanding flows into rash comments that usually leads to a suspension or further comments that puzzle most

Jayson, its not really the point that Blackrock and Capital have invested a measly 5 mill of their 3.7 trillion on the books, its the principal

As one here already stated, they dont get massive like that by just gambling on minnows hoping to find a 10-bagger amongst the lot, they are world class professionals at the highest end with countless amounts of due diligence, and they are big because they were smart and successful

it shows they have strong belief in Mt Kare AND the Management team and that's good enough

finally, in regards to your JORC comment, so much more needs to be considered in a company or project than just the figures that read next to the letters 'JORC'

for eg. AGS/Four Mile is a uranium mine...im not so sure uranium is the best commodity to be invested in at the present, perhaps very long term it is, but for now, with the recent disasters still in the back of minds and advancements in construction of more nuclear reactors in the slow lane, id like my money elsewhere, for now anyway

on the other hand, Gold, is where you want to be IMO....with the amount of QE occuring, low rates and inflation about to take a vice grip, the top institutions that have been calling +2,000/oz IMO are not far away from being correct, with that, Silver prices I think can get back to mid 40's/oz, making Mt Kare an even better prospect

and yes, a PFS HAS been released on Mt Kare confirming its robust economics on an 'as is' basis, and 'as is' was at mid last year, it doesnt include the recent bonanza holes, which if they continue, will begin to turn Mt Kare into Porgera's little sister

providing the solid results continue and further bonanza zones are identified, IDC is an outright winner from here and the sky is the limit in terms of shareholder returns, hence why the big guys are already in