Hey invest4it
We'll if you were keeping an eye on IDC for years then Mt Kare would not have been on your radar! Because their focus was 100% on Cambodia!
It doesnt matter that you knew about IDC for years before it listed because their initial focus when they listed on the ASX was Cambodia!
Yes Cambodia will be good in 12-18months time, but I am placing ZERO value to Cambodia, it is all in the 2million ounce+ drilled and measured resource in PNG Mt Kare that Im talking about! And that has only arisen since February 2011!
Mt Kare is 10 years in the making, cost those poor Canadians $75m of their hard earned to drill measure and define the gold in Mt Kare! And it all will be revealed soon enough!
It will take IDC at least 18 months to build a JORC Resource at Cambodia, but they already have this at Mt Kare and its currently not priced into their market cap.
I honestly dont care about the options, even if they expire and the share price doesnt rise above 25c by this Friday.
Lets agree to disagree about these options and focus on the yellow metal in the ground......
Cheers Nectar
Cambodia Cambodia Cambodia! Mt Kare PNG wasn't even on their radar 11 months ago!
Not one mention of Mt Kare in their Prospectus!
Hey invest4itWe'll if you were keeping an eye on IDC for years...
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