IDC indochine mining limited

Hey GuysI just stumbled on this updated IndoChine presentation...

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    Hey Guys

    I just stumbled on this updated IndoChine presentation from the 18th of September this morning.



    When this presentation was made, Mr Promnitz updated the slides. One very exciting slide is Page 7!

    Resource Upgrade JORC in 1 month from September 18th, so late October. This is now overdue, eg it must be announced very soon!



    Followed by the results from the recent 10,000m drilling program in gold extensions.....further increases in resource!!!

    My favourite page......Page 14!

    SUBSTANTIALLY INCREASE RESOURCE AND RESERVES BEYOND 2MILLION OUNCES IN 2012!!!



    Mr Promnitz has also hired a prominent mining engineer to oversee the project, Mr Niumatawailu, who has worked in PNG for on major projects. He will be completing the PFS and BFS studies and bringing Mount Kare Gold Mine to life!



    I really like that IndoChine continues to state in their presentations JORC UPGRADE underway, not just a JORC conversion! As well as the mineralogy of Mt Kare is similar to the 30million ounce Porgera which is only 15km away!



    Now look at our Market Cap compared to our peers!

    IDC is significantly undervalued at present, but wont be for long. Once this JORC Upgrade is announced to the market, we will see significant money inflows into this tightly held stock....:)

    IMHO - For those of you who have already loaded up, enjoy the ride, for those who havent, probably a good time to reassess your investments :)

 
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