IDC 0.00% 0.0¢ indochine mining limited

Hey ForrestI believe, as Mr Promnitz has stated during his...

  1. 2,622 Posts.
    lightbulb Created with Sketch. 1
    Hey Forrest

    I believe, as Mr Promnitz has stated during his presentations to Precious Metals Funds, once the PFS is released, then IndoCHine Mining will receive a re rating by investment houses/brokers/analysts/resource specialist journalists. This is what the market is waiting for.

    Then all these investment firms will be able to calculate an NPV for IDC based on the financials in the PFS, coupled with the gold price and silver price.

    We need to remember how undervalued IndoCHine Mining currently is! Sitting well below other gold explorers and miners on the ASX with a much smaller JORC than what we will have at Mt Kare.

    The investors who invest in IDC before the PFS which is expected to be released in the next fortnight, IMHO, will amplify their returns because they have jumped in just before this company making milestone event, the PFS.

    Do some research and have a look at the size of the deposits and cash costs of the gold mine developers and miners below that are sitting at $100-500/Oz EV!

    Now compare those numbers with Mt Kare's estimated size and cash cost.....explains to me why BHP's largest shareholder, BlackRock (worth $6Trillion), Baker Steel (worth $35Billion), Och Ziff ($40Billion) Genesis Capital ($35Billion), US Global ($30Billion) own 45% of IndoCHine's shares!



    Have a look at the physical size of Mt Kare! Absolutely enormous!


    From every angle!

    And we have only touched the surface!




    When the labs finish up with the bonanza drill holes that duplicate and validate Buffalo and Madison's previous drilling below, watch this space!

    Mr Promnitz has been able to attract THE BEST TALENT to IndoChine Mining!

    They left the largest Gold Miner in the USA Barrick and the Largest South African Gold Miner Harmony to join IndoChine Mining!

    Why? They can see the incredible asset we have at Mt Kare.

    Question is do you guys on HC see it?

    While you are thinking about it, have a look at IndoChine's recent drilling announcements and compare them to any other gold explorer or miner on the ASX.




    While you are doing that, check out the Bonanza Gold and Silver Grades that Buffalo and Madison returned from Mt Kare, that Mr Promnitz included in his July Update!


 
watchlist Created with Sketch. Add IDC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.