Hi Everybody!Just a little light reading before we get into the...

Hi Everybody!
Just a little light reading before we get into the MeaT of the sandwich
“This current evolving understanding of the Mt Kare Project must be fully appreciated.
Ipso facto the picture portrayed in the Pre Feasibility Study is now likely to be entirely redundant to what the metrics of the project will eventually be.
For example, once the Bonanza grades are drilled out we will be talking about phenomenally low production costs, +200-250,000 oz per annum, 4,000,000 oz recourse, 1.5-2 million in reserve, a market cap closer to 2 billion dollars, and propelling IDC to the top of the profitability chart within the mid ranking gold producers.
This is a growing reality now, not merely some speculative hypothetical aspiration.
The Bonanza Zones are a reality, not mere speculation.
And what lies below is anyone’s educated guess.
As someone learnedly commented a few months ago, "these hydrothermal systems can go on forever".
Will the brokers start to push IDC now?
It seems so.
After all, there is no other project I know of on the current horizon that offers anything like what Mt Kare offers in terms of rapid resource multipliers and economics.
To get a real insight into what might happen in the next 10-12 months take a look at the price chart for Regis Resources (ASX:RRL) between Jan 2008 and December 2010.
Note particularly, the period between March and October 2010.
By comparison, IDC is at the point somewhere around where RRL was in May 2008.
By December 2013/Feb 2014 IDC will be at about the same point as RRL was in February 2009.
That’s just 10 months away.
IDC will (eventually, by mid 2014) have a reserve of (probably) 1.2-1.5 million oz with a likely cash cost of 650-700$oz.
my conclusion, IDC will become a star mid tier investment with a big multiplier on offer, as was RRL over 2009-2011.
It’s only a matter of (a relatively short) time.”
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... I’m a little confused as to what
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Post 1....... 6 thumbs up ... \/ ...
“You got to burn to earn in the exploration game.

They have likely added enough to the resource to have made it worthwhile in the last 12 months. Bring on the WRZ results.”
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Post 2.......0 thumbs up ... \/ ...
“There is absolutely no connection whatsoever.
However, a party associated with AEM had a parcel of shares in IDC.
His business with AEM has some financial issues.
He was selling off his IDC shares (Jan 2013) to raise capital to keep his other business going.
Then, in Feb 2013 a hedge fund in HK decided to sell all their positions in gold equities (including their parcel of shares in IDC).
The consequence, AEM and the hedge fund have respectively put in lower than usual sell offers suppressing the expected move up on the share price of IDC over the first weeks of 2013.”
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Does no-one even care about the facts anymore.....The first post is a very good post and if we were to use it as a base line
How many thumbs up would you give the second post... I mean just think of the time and effort that went into both posts
(Remember post one is humorous entertaining and informative, I’m not in any way trying to smart or clever)
...Now Read the second post again... I don’t know how the xxxx this guy came up with this stuff but they look an awful lot like Facts to me
And not just any old garden variety fact either.

This is the reason why IDC Moral has gone into meltdown over the past two months
Looks like I’m going to have to eat my conspiracy theories for now
And as for my trading anomalies, well... It now looks like they were just trying to get the best dollar they could
How do you sell 26,000,000 shears when there are no buyers?...Answer: Very Very Slowly
I hope this puts everyone in a good mood ... This is going to be a great week whatever happens to the share price ?

http://www.xxxxxx.com.au/stock_discussion_forum.php?action=show_thread&threadid=904697#p905241
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1956341&msgno=9123556#9123556
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1956873&msgno=9125488#9125488
http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1890198&msgno=9127425#9127425



Yippee

PS: Like I said before I went insane these guys are the best...
Don’t worry where the share price is, it will be where it needs to be when it needs to be there.
And if you disagree, I’m not trying to preach to the unconverted

Thank you and God speed to everyone
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The new word for today IS:
“Hypocritically pontificating on about risk”