IDC indochine mining limited

If the EL is renewed I would expect there would be an immediate...

  1. 656 Posts.
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    If the EL is renewed I would expect there would be an immediate uplift in IDC'S SP, more so should POG break and hold above US $1300 plus. At that point I would expect that they will consolidate and then raise the $20mill at the higher SP. Even TAM shares are valued by the current market at 2.2 cents, if I am going to speculate I know which company I would prefer to invest in.

    Next step prove up the 1mill/oz in gold reserves and we get taken out or lenders will be falling over themselves to lend us the cash for the plant.

    One bonanza zone would make all this pain worth while, how many potential bonanza zones has MT Kare got again ? Seven?
 
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