3 new bonanza gold zones identifed @ mt kare, page-40

Hal2000,

You keep saying IDC has a way better pre-feas than RRL.

Well where did you pull that from?

RRL results: IRR 57%, Payback period 17months, capex 73m
Gold price used 900$
http://www.asx.com.au/asxpdf/20090728/pdf/31jrypzf852wh8.pdf


IDC results: IRR 28%, Payback period 4 years, capex 200m+++
Gold price used 1650$

I wonder what kind of numbers would IDC have if they used 900$ gold like RRL.

You wrote:
"Without being rude, there are those people how sit drinking coffee with their lap tops being self appointed 'experts" Some often doing a good job because they bother to inform themselves) and those who actually have real knowledge and experience in the game."

Lol