china railway signed mou w/buffalo b4 gfc hit!, page-3

Did you see what it did last week?
The only reason why IDC did not punch through 25 cents last week is because there is a short seller out there making sure the last sale of the day is recorded way lower than the actual trading values.
I have been watching this guy for months.
Apparently ASX has been asked to investigate the guy because its become apparent which brokers are being used to do this sneaky hatchet job.
ACCC are also on the case.
The moment they get nailed this stock is going to be unrestrained, if not already.
One of the parties concerned is the Chairman of another WELL KNOWN ASX listed and gold producer.
Looks like they have issues and want to have a tilt at IDC.
Apparently they are the same parties who were reported to have had a shouting row in the lounge of the Wentworth Hotel about 15 months ago
Barrick and Newmont are also rumored to be reviewing IDC.
The geology of Mt Kare (like (Porgera) has the potential for huge extensions (like Porgera) and all there is to date is a mere 3,000,000 oz on the surface.
(Note a "mere" 3 mill includes the rough blobs of gold on the surface and adjacent to WRZ.)
This is vastly more than Porgera revealed in its early days of exploration by a longshot.

I have always seen Porgera as the big brother to Mt Kare but I am starting to take an entirey different view, in the inverse.
The only thing that turned Porgera into a major project was the K7 zone which was not discovered until after production commenced.
The surface indicators at Porgera had a much less impressive footprint to Kare, actually, minute in comparison.
Kare's footprint on the other had is huge in terms of a surface expression.
If I was the MD of IDC after production I would plop an IR-T4 on the tenement and start molesting the ground at a depth +300 plus meters immediatly to the south of the WRZ (zone).
It's so friggen obvious given the strike and dip.
Let us not forget this is a Roscolite we are talking about, not a porphry.
Its still active!
Mt Kare is, as we know it, is quite possibly only the tip of the ice burg.
And this is a real possibility, its not some bullshit Brex.
Just review the Wafi project now in the hands of the MMJV at Morobe, or, Frieda River
Three years ago they were modest projects
Frieda River is now 2,000,000,000 tonnes+ from about 380,000,000 m/t.
No one knows where Wafi finishes, it just goes on and on and on, they are looking to find a drill that can extend past the current depth, all the drill holes are open at depth and some of them are very very deep finishing in high grade dirt.
PNG is the land of THE GIANTS!
Like Grasberg.
(Any one else reading this, completely ignore everything I have said, do not act on what I have said, do your own research!)