IDC indochine mining limited

idc's mt kare summary videos & diagrams, page-4

  1. 2,622 Posts.
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    Hey Snouty

    Isn't it? Amazing!

    Especially Mr Promnitz' comparison of Mt Kare to Porgera and his comments that "as geologists we wouldn't be doing our job if we didn't double or triple the resource [at Mt Kare] since we have a 30 million ounce gold mine next door!"

    Now what I have been doing is comparing the Market Caps of other gold mine developers that have 2million ounces of gold and have completed their PFS. Where we will be in 3-4 months.

    And their market caps sit between $400-600million!

    IndoCHine's current market cap at 19.5c?

    $92million!

    And we also have a JORC Upgrade of two to three times our current 2.1million ounces coming in the next few months before the PFS!

    These High Grade Gold Results will give us a very good insight as to what to expect in terms of gold resource increase and quality improvements in the Measured and Indicated Categories!

    Cheers Nectar



 
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