Captain, I'm sure all these companies have had consolidation. Regis 471 million shares (producing) Kingsgate 357 million shares (producing) Medusa 188 million (Producing) Alacer 138 million (Producing) RIO ONLY HAS 438 MILLION BHP ONLY HAS ONLY 3.2 BILLION
Building a minable opperation doesn't take 5 minutes and needs plenty of money and dilution is a fact, then comes consolidation
But I do agree IDC is a takeover target.
IMO your posts like many others here are just throwing words at a screen. This company offers good value and will re-rate soon enough and IMO is a hold not a sell. In the immortal words of Benny Hill When you ASSUME you make an ASS out of U and ME
IDC Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held