IDC indochine mining limited

building porgera's brother - miningnews.net, page-18

  1. 1,933 Posts.
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    IDC is for sure a spec buy
    less than 10 days before bonanza drilling comes in and if we get similar to better results than previously then it will pop...

    I reckon the heads of Barrick would be talking to Burgess privately asking for his 'expert opinion' on Mt Kare and if his bonanza zones start to come in then things WILL get very interesting here

    remember, a cheap 30m conveyer belt from mt kare to Porgera can save 250m on capex and barrick can keep porgera running at capacity for many many more years

    Barrick will know that any mine running at below capacity is an issue and raises opex..

    its also important to note in a recent video pres. that IDC noted their 'high end' investors are asking the IDC team to make sure they get as much value out of the project as they can before they give it up to a potential buyer,,IF that option becomes avail, which IMO, the odds will sky rocket if the first bonanza zone is a success

    make some room in the portfolio and hang on tight...as nectar states, the next few months are going to be 'potentially' very very rewarding for holders of this stock
 
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