IDC indochine mining limited

pre-feasibility study at $1650 oz, page-6

  1. 246 Posts.
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    Bingo! IDC doesn't have have much room to maneuvre that's for sure . Hopefully imminent drill results will favour you but things don't look too rosy ! Raising capital was difficult enough but with a volatile declining commodity in a falling market is near impossible . I suspect few Aussie gold producers would be mining at a profit if the gold price fell back another 10% The 'vault' is not an option for them . If the gold price recovers that's a different tale . Best of luck Sleeping Beauty .
 
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