gold now a tier 1 asset, page-9

Thanks for your post. very excited. I have a healthy investment in Indochine Mining, but I'm looking at increasing my holdings in the company, if the drilling results are as positive as the historic drilling by the previous explorers.

Although, I'm somewhat confused with one of your comments in your last post, I hope you can help me with my query below.

"This will be the first resource upgrade since 2007 and will inclued the last 7,000 meters of drilling and an attendant revaluation of the model based not on $500 oz but 1650 per oz."

How does the price of gold affect the resource upgrade?

cheers