blackrock bhp and idc! :)

Hey Guys

http://www.smh.com.au/business/blackrock-increases-exposure-to-olympic-dam-20120214-1t48r.html

Having read a bit about BlackRock and their increased exposure to BHP's Olympic Dam project. What is also interesting is the fact that BlackRock is BHP's largest shareholder.

BlackRock owns 394million shares or 15% of BHP, which is worth $14Billion!

What is also interesting is that BlackRock is a major investor in IndoChine!

The question to ask is why would they invest in a $50-70million market cap explorer if there wasnt an expectation of large upside in the value of IndoChine Mining.......:)