where are the bonanza results???? , page-11

Tcf,

Have you actually EVER said anything positive in relation to IDC and their operations, or are you of the kind who prefer only to focus on the negatives and spruik them to kingdom come?...lol

In any case, I will attempt to answer your concerns in the hope that negating a negative will produce a positive ;-)

1.'Where are the bonanza drill results IDC promised?'

They will come tcf (whether this lot is great, good, bad or otherwise) and given the timings they could possibly be announced in conjunction with the resource upgrade expected any day now. Be patient tcf, it's clear from George's PNG TV interview that he and the rest of management are aware that 'time is their greatest challenge'.

2.'It is fact that every cap. raising IDC has undertaken has seen the share price fall and in most cases never regain.'

OK, where do i begin here? Firstly do you not understand the purpose of a capital raise? I can tell you that CRs are not undertaken to bolster or destroy the SP of a company (though either can sometimes be a consequence). Tcf, IMO you are clearly focusing on the short term when you should understand that CRs are necessary to help junior miners finance their exploration activities, their pathway to production and eventually their LONG TERM goals of creating value and a ROI for all stakeholders. The fact that IDC's SP has fallen over the last 2 years has more to do with the POG than CRs. Have a look at other goldies (junior & senior) and you'll soon realise their SP's are ALL well down on their previous CRs in recent times due to the POG.

3.'IDC will need to raise more funds within the next weeks. What price the raising and what price the shares after the raising?'

While the first sentence is true IMO, you fail to mention the fact IDC are expected to have announced a resource upgrade by then, and therefore one would expect a significant re-rating of the company if the 2012 & 2013 to date drill results are any guide. IMHO IDC held off on a larger CR last time in anticipation of a positive re-rating which should in theory provide greater leverage when negotiating further finance in the lead up to to the BFS due later in the year.

4.'When the market doesn't help companies they have to help themselves. IDC's lack of shareholder relationships by not delivering as advised makes the company its own worst enemy in a poor market place.'

Tcf, are you suggesting that IDC haven't done what they said they were going to do since acquiring Mt.Kare via Summit only a couple of years ago? IMO their commitment to delivering (whilst admittedly not always on time) is at least frequent and they update their shareholders regularly. And they do so more than most of the many ASX listed companies I either hold now or have held in the past. In addition to their regular announcements, promotion & publicity is one of IDC's greatest strengths IMO and so on the whole their communication to shareholders I believe is far better than average.

Please think about the positives for a change tcf.
eg. Completing a positive PFS in 2012, completing the 2012 drill program with excellent results, discovering bonanza zones in 2013 and being able to raise capital at a premium in the current climate are amongst some of IDC's greatest announcements/achievements IMHO.

In summary, please give IDC a break tcf. If you're still looking to spruik negatives, then I'd suggest moving over to the NCM camp for a while. You'll have plenty of friends over there..lol.

Note: my opinion is mine only and in no way am I offering advice of any kind. Please DYOR