TU MrCin2U!!!
Great research! So if we take what Mr Promnitz states as IDC's current market per ounce of gold valuation of $35/oz with the current 2 million ounces we have our current mkt cap of $70m, or 14c per share.
Now lets adjust that number to $135/ounce. What market cap and share price do we get to? Market Cap of $235,000,000 or share price of 54c!
And that is taking into account all 500,000,000 shares in luding those non traded in escrow. Otherwise if you include only the 437million shares the share price hits 61c!
Anyone would have to be happy to see that sort of return!
Meanwhile the price of gold is hovering between $1780-1800/Oz
Cheers Nectat!
TU MrCin2U!!!Great research! So if we take what Mr Promnitz...
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