So I was just thinking and calculating,,,the latest announcement...

So I was just thinking and calculating,,,

the latest announcement states that:
'IDC Progresses Option to Acquire 1.9 M Oz Gold Equiv Resource: Mt Kare'

Now I'm going to be a little conservative and lets say they manage to dig 1.5 M OZ

If we 'assume' Gold prices at approx $1,400 an ounce.

1,500,000 x $1,400 = $2.1 bil

billion dollar company??????

I'm smiling already =]

[my calculations are very rough - DYOR]