Hey IDC Holders
One of the boys sent this through. If anyone has access to Diggers and Dealers website, might pay for you to do a bit more digging.... pardon the pun! :)
This sounds a lot like it could be about IndoChine Mining's Mt Kare Project in PNG!
Cheers Nectar
A Tiny Aussie Firm on a Mountain of Gold
The first explorer on my list is already sitting on close to two million ounces of gold in one of the world's best gold mining jurisdictions.
It's been pummelled along with the rest of the gold stocks on the market and now it's at rock bottom prices.
That's even though 7 separate investment funds including Casimir Capital, Canaccord BGF and RBC, have all valued the stock at an average of more than 3.5 times its current price!
On top of that it's still only explored 10% of its highly prospective 3,100km2 worth of licenses.
That means not only is it heavily undervalued in the current market, it still has thousands of square kilometres of potential gold reserves left to explore. It could be in for a massive ride when the gold price picks up. I'm predicting we could be looking at a 278% gain within the next 18 months for this one.
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