advice please, page-4

Wardy
Very important to understand its not about IDC' share capital or IDC.
Its the global perspective you have to consider.
If you don't undertand the big picture nothing will make any logic at all.
Just about every single gold miner on the ASX has lost about half (50%) of their market caps over the last year.
Newcrest, the top of the pile, has lost about 61% of its market capital, from $49.00 to about $19.00.
In other words all gold companies have share prices have been routed.
So, while the price of gold has been really high the gold producers share prices have been gutted.
This arises because of the groth of EFT's.
Gold miners are at the bottom of the curve right now.
ALL GOLD PRODUCERS ARE DOWN TO ROCK BOTTOM.
We can count ourselfs lucky that you did buy IDC and not some other development company.
If IDC had gone the same way as Kula Gold your IDC share would be worth a mere 1.5 cents.
Kula's shares have performed poorly and dropped from nearly two (2) dollars a coupled of years ago the 14 cents at a time when they should be on the up.
But its not all lost.
Most intelligent anaylsts are of the view that gold is about to stage a very significant and prolonged resurgence through the $2,000 mark.
This is almots inevitable given what is happening in China, the USA, and Europe/EU.
Its all just a function of time.