Hey IDC Holders
Looks like the technicals are beginning to reflect the fundamentals of that Mountain of Gold and Silver at Mt Kare!
The PNG election results will be completed in 2 days. In a fortnight Mr O'Neil is expected to be announced the PM for the next 5 years. His party is currently leading the vote count and he is the acting PM.
http://results.pngec.gov.pg/
The Funds will be all over IndoChine Mining, waiting for the elections to be completed before they are allowed to invest. Same as the Australian elections in 2010, local and overseas funds held back from investing in the ASX until a new govt coalition was formed, then BANG!
The Funds have the deep pockets that will lift our market cap to a level that better reflects the value of gold and silver in the ground at that Mt Kare monster of a mountain.
Cheers Nectar
Hey IDC HoldersLooks like the technicals are beginning to...
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