Good post and your right to seek balance OceanboyTo your...

Good post and your right to seek balance Oceanboy

To your question of the bonanza zones already being factored in?

I don't believe this is so because each bonanza zone could hold over 1 million ounces each more perhaps, given 1 bonanza zone at Porgera contained multi million ounces. Even if Bonanza zones flop I don't believe the existing 2 million proven resource is reflected in the current sp.

Yes there are logistical challenges but given the proximity of Porgera suggests to me that:

1. it can be successfully and
2 that Barrack's investment in infrastructure in the area helps IDC entry and reduces logistical concerns.

No one can pontificate that IDC is without substantial risk but it is only a small company at present that means risk. There isn't too many 11 c gold companies making a profit or not burning cash.

We do have a proven JORC of 2 million ounces, a 2007 drilling report identifying bonanza zones with confirmation pending and a strong skilled management team.