Hey CharlieThat is the Million Dollar Question at the minute!...

Hey Charlie

That is the Million Dollar Question at the minute! When should we see the Maiden JORC Upgrade for IndoChine?

IDC's presentation from their AGM states December 2012. But they are having difficulty with a timely conversion and Upgrade of the NI 43-101 to JORC because of drilling/lab delays.

I suppose if they miss their December 2012 target first 3 weeks of January is basically a right off due to holidays. Will come in late January early February 2012.

But I'm an optimist, so I'm still hoping they will achieve their targeted December 2011 upgrade.

Im not prepared to sit on the sidelines and wait hoping for a delay in this JORC Upgrade.

I'm invested, so all I have to do is sit back enjoy the presentations and wait for this JORC Upgrade, then the additional results from the current drilling program and second upgrade from this drilling in May 2012, 6 months away.

At the current prices, IDC is a classic bottom feeding stock. Resource is already defined, cash at bank for another 12 months, experienced management, project managers and geos. And constantly attracting high quality talent to their Mt Kare project.

For me this is a very big signal. When experienced miners, geos, project managers with excellent track records join a small cap explorer...........something is up!

Why would they risk their reputation and good will on a no win project?

They wouldnt, but a project like Mt Kare and soon Cambodia will be an additional string to their CV Bow :)

Cheers Nectar