IDC indochine mining limited

The way I see it the two remaining issues are securing funding...

  1. 261 Posts.
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    The way I see it the two remaining issues are securing funding for adit and related drilling and then securing funding for the mine/processing facilities further down the track.

    I agree with what you have to say about the other maters. With the government and locals both 100% on side with this project mining license approval is a certainty if they get to that stage.

    The real risk for now of course is that they don't have funding for the adit, which the article posted above would beg to differ with.

    If they don't manage to prove significantly more high grade gold is there then they may struggle to get financing to take this into production unless the gold price takes off again. However it seems to me that based on comments from the geologists involved there that there is very good reason to believe there is singicantly more gold than they have found so far.

    Exciting times are around the corner here I feel, just need to secure that funding and prove the gold is there, which by all accounts it almost certainly is.
 
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