Yeah fair call Invest4it! IDC's shareholder communication does...

Yeah fair call Invest4it! IDC's shareholder communication does need some work. But I prefer a company that does more of the actual work behind the scenes then make big announcements rather than constantly coming to mkt with insignificant news eg the rara type management!

SDL was in exactly the same position for 12 months as IDC not much news for months meanwhile drilling continued, investors where shown the iron ore deposits, then when a milestone announcement was made about MOUs it rose 300% in a day from 13c to 33c. It hit the radars of every trader but more importantly hit the radars of hedge super and instos who in the following two months increase the price again to 65c a couple of months later.

This is why Im waiting for the JORC upgrade so that it hits the media, day traders, instos, hedge funds radars then the accumulation and NPVs on the project are calculated and released to the market increasing demand further for this tightly held stock. With these miners its all about the quality and quantity of the resource in the ground. Once that is drilled measured and proven, the rest is a matter of course. Especially for a gold miner where their cspital outlays for a full scale mine sit around $200m instead of $2-5Billion for iron ore or coal deposits!

I have bought a large holding in IDC there will be volatility in the mktsnbecause of the EU situation, but they will muddle through it over the next 2 months especially then over the nex decade.

For me its simple. IDC's asset at only 2mill ounces of gold is worth at current prices over $3.2Bill. And demand for the precious yellow metal will only increase because trust in Fiat Currency is deteriorating.IDC has $16m in cash to see them through to end of next year with zero debt. By then the market would have woken up the their BABY MAMMOTH at Mt Kare

Cheers Nectar