IDC indochine mining limited

Having a look at the technicals, the share price was dumped...

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    Having a look at the technicals, the share price was dumped quite comprehensively late today.

    You can see it the Fast Stoch heavily in the OVERSOLD position in the chart below, yet the share price is still holding strongly on the SMAs. This can't continue for long, especially with Funds entering the market over the next few days, both locally and overseas. Remember we are also dual listed on the Frankfurt stock exchange.

    The PFS will be released before COB next Friday, eg within 7 business days.

    Then we have 37 drill holes in the next two to three months being released, including the new gold zone 1km South from the current resource.

    We have a resource increase and BFS to commence as we head towards Christmas 2012!

    A lot of major milestone events, starting next week!

 
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