Hey RitcheGMR's grades look pretty good, but they don't come...

Hey Ritche

GMR's grades look pretty good, but they don't come close to Mt Kare. Not saying GMR's project in Africa doesnt have legs, but when comparing the two projects, there is a reason why 85% of our shares are held by the big institutions and landowners!

Not only do we have multiple holes already drilling by the previous explorer at Mt Kare Buffalo Gold/Madison Minerals. But IndoCHine's drilling is showing that the silver grades are so high that they will pay for the gold mining and gold processing. Something GMR doesnt have.

The average production cost for a gold miners sits between $550-800/oz, which is where GMR's cash cost would sit. Whereas IndoCHine's will sit at or near $0! Because of the grades of silver that you can see below. We not only have 1.8million ounces of gold but also 20million ounces of silver and we have only dug 350m deep.

When Porgera is 1km deep and they keep finding more high grade gold the deeper they go.

The advantage we have with Mt Kare that most other explorers dont have is the 30,000-40,000 metres of drilling data that IndoCHine is working with.

Below is the Buffalo/Madison historic drilling results. Absolutely incredible, not only the bonanza grades, but also the long intercepts 50metres+!

We sit on the same mountain range at the 28million ounce Porgera gold mine!

Here are all the drill holes that were completed by Buffalo and Madison over 10 years!

And 3D images of the gold and silver.

Again the drill holes and mineralisation numbers speak for themselves.

Mr Promnitz mentions in his Geneva presentation to the large Precious Metals Institutions that "as geologists, we wouldn't be doing our job if we didn't double or triple the resource at Mt Kare...."

http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/13/indochine-mining-limited/play/stream/4519

Anyhow good luck with your investments! Either way gold miners are set to explode in the next 12-24 months with all this quantitative easing that is coming.

We saw what happened to the price of gold the last two times QE was released.....