indochine improving and increasing gold jorc?, page-7

Hey Surley

Tell your friends a little bit of patience is needed!

IndoChine is drilling in an area that has been drilled by Buffalo and Madison Minerals for a period of 10 Years.

365 Drill Holes, $60million spent. 1.8Million Ounce Resource was calculated by Buffalo in 2007 before GFC hit them! As per Scanno's comments, Buffalo's drilling results were fantastic!

For me, the two maps below and the previous drilling that was calculated using a very strict Canadian National Instruments 43-101, was all I needed to invest in IDC.

IndoChine picked up all of Buffalo Gold's research and completed the JORC Conversion to 2.1million ounces in December last year.

They know exactly where to drill, because they are duplicating the same drilling program that Buffalo drilled. Only the yellow sections of Mt Kare!

They know there is 2.1million ounces of gold and the grades are very high.

That is where the Mt Kare project, in my mind. All the hard work was done by Buffalo. (Not to say what these guys are doing is a piece of cake!)

IndoCHine's labs now just have to validate those previous drill holes, which we will see next week as per Mr Promnitz's update today. Then hopefully we will see a PFS report to give us some sort of C1 Cash Costs and Capex Costs to work out NPV for a 10 year mine(hopefully longer).

Get your mates to do some comparisons between our drilling results (drilled by Buffalo, but released by IndoCHine) below and other small cap gold explorers with higher market caps that ours.....if you find higher grades for the same intercepts that ours, please post. Because in the 7 months of researching IndoChine I haven't been able to find them.

I'll try to find all the Buffalo drilling that IndoChine has released in its announcements during the last 15 months that I can find and list them at the bottom of this post.

Now on top of these previously drilled holes, that are incredibly high grades of gold there is the comparison to Mt Kare's sister, the 30 million ounce Porgera Gold Deposit, that sits on the same fault line at Mt Kare! Same structures, same rocks!

And on top of that, we have 2.1million ounces and this resource was calculated with drill holes that only went down 350metres. We know gold mines in PNG, including Porgera!

So at the prices we are paying now! We are getting a semi developed gold mine, with "significant upside" as stated by Mr Promnitz for peanuts!

If your mates are losing sleep out over investing in this company, then they should really leave their cash in the bank and let the banks make all the money.

Cheers Nectar

What a beautiful set of numbers.....:)