Yeah there are a few people on HC upset that IDC hasn't responded to their emails, even if its just to reiterate what has already been announced to the market like other explorers do.
Anyhow, still see the prce of gold hovering above $1700 per ounce.
The higher the price of gold the more it makes projects like Mt Kare more lucrative.
With a huge stimulus coming our way from China and the US late this year early next year to offset the negative sentiment in the EU, the best hedge against inflation is gold, hence demand will continue to increase for the metal.
Just as the PFS and BFS are completed in 2012.
Cheers Nectar
IDC Price at posting:
17.3¢ Sentiment: LT Buy Disclosure: Held
