Hi men and women of IDC,
I have dipped my foot into the gold sector for the 1st time in a few years with IDC now with an average price of 10.5c. My last gold stock was MCO a long time ago and even thought they have sadly went to the wall I made some great money off their options. The end of the day we are here to make money.
I'm not a gold bug in the slightest but have been completely impressed with whats coming out of PNG with IDC. It's seems amazing stuff.....maybe too good to be true but hey they are 10.c so that says it all.....I know the risks.
As my signature says I'm into Gold & Oil/gas for 2013 and I only have 2 stocks. This is one, I'm not a trader but use charts for entry and exit point in my fundamental investments. And feel (and hope) there isn't much downside to IDC.
Thankyou all for so great posts, it tends to happen when the stock is under the radar and before the day traders take hold of the forum.
I'm in this for the long term 2015+ when they start producing and the world economy looks to be good for gold (oil is where I have knowledge) and is why I'm in. I hope as always that I can hold that long, but there is always unforeseen family/financial circumstance that spring up that I need cash.....but I'll keep you informed.
Keep up the great posting and I'll try and contribute when I can. No price targets from me....but hopefully we are all successfully with this little ripper1
Hi men and women of IDC, I have dipped my foot into the gold...
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