idc agm summary for newbies! 2mill oz+of gold!, page-10

Hey Stefan

Mate 3-5million ounce deposit is a very sizeable one, with future drilling aimed at expanding that maiden gold resource. Have a look at the mkt cap of gold explorers with. 2-5 million ounce JORC gold resource and you will see @ IDC's current mkt cap of $70m we are significantly undervalued.

I'll try and find some examples of peers to compare us to, I'll use IDC's examples initially then try and find others.

Cheers Nectar