IDC 0.00% 0.0¢ indochine mining limited

too many shares - groomed for t-over only, page-5

  1. 6,504 Posts.
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    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
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