"capital raising is outof thequestion" idc ceo, page-5

Le Derp response to Nectar38 appear to be a wayward filibuster and really is, with the utmost respect, an ignorant if not infantile nonsense.
IDC is sitting on more than 3 billion dollars of gold and silver.
Mr Promnitz was referring to what most people in the industry also understand to a be a mining company’s “assets”, its legal right the the mineral wealth in the ground.
IDC has 700,000 oz of gold at 3.7 gpt in indicated form and another 1,300,000 oz of gold in a lesser JORC rank at Mt Kare.
Am I being asked by Le Derp to accept that despite IDC owning the global legal rights in that gold at Mt Kare those rights can not be securitized to raise capital?
The Mining Act permits such securitization.
I respectfully suggest that because LeDrp has nothing other than a prurient interest in IDC his capacity to reason through these sort of issues is greatly compromised.