IDC indochine mining limited
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Ann: December 2014 Activities Report, App5B and Tenement Info, page-107

  1. noobofwallstreet
    1,115 Posts.
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    17/02/15
    14:50
    Post #: 14769939
    They've already defaulted twice on his loan previously.

    That should've been the end, as that's trading while insolvent.

    He does get their assets, but they have no assets without a lease.

    Unless you count $80m in 'exploration costs' which they put on the balance sheet under assets to distort reality.
    IDC Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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