IDC indochine mining limited

....and bust, page-9

  1. 2,622 Posts.
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    Funds are starting to wake up to IndoChine Mining, simple.

    3,400,000 shares cross traded overnight overseas....

    10 million shares traded today then later in the day was sold down.

    Whether you research stock markets as a whole, or individual stocks, you always need volume to proceed share price movement. You can't have one without the other. This is a very good sign for the share price of IndoChine Mining.

    This is the same thing we saw with SDL in the weeks before it rose from 12c to 36c in a day in September 2010, once they completed their own milestone event, the MOUs, then it rose again to 65c 3 months later.

    We just need to sit back and enjoy the ride again, but this time IndoChine Mining has 72%+ of their shares tightly held by the Top 20 Shareholders, compared to only 30% held by the Top 20 Shareholders for SDL.

    Cheers Nectar

 
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