IDC 0.00% 0.0¢ indochine mining limited

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  1. 2,049 Posts.
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    Hi guys, yes I bought a small parcel, not sold. Bit skinny on spare cash so only a few $k invested at this point.

    I too would question why you'd sell with a potentially significant resource upgrade imminent. As the saying goes, there's usually only one reason for buying but many possible reasons for selling.

    Nectar, re. FNT it's also loaded with potential and has multiple very attractive projects, along with an extremely good exploration/funding arrangement with Ok Tedi Mining. The jewel in the crown at this point in time appears to be the 100% owned Andewa prospect which is a massive (7 km2) and intense IP target only now being drilled with initial shallow drilling results looking promising.

    Lest I get accused of cross-promoting I'll shuddup here & suggest you check out some of FNT's latest announcements to get a picture of where they're at. As I said before I almost bought more FNT today but for diversification's sake I went for IDC instead which I also like the look of.

    Also -- I'm not a chartist but IDC's share price does appear to have turned a corner in recent days on higher volumes after a long and steady decline, which I interpret as a good sign that we've now seen the low point.
 
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