IDC 0.00% 0.0¢ indochine mining limited

BT, what SUBSTANTIAL delay?!Are you serious? November is 7 days...

  1. 664 Posts.
    BT, what SUBSTANTIAL delay?!

    Are you serious? November is 7 days old are you're comprising like as if time frames are set in stone.

    No mining timeframes are set in stone, they are all indicative and dependent on a lot of thing.

    If you'd like to see what SUBSTANTIAL looks like, have a look at IBG who's Feasability study was due in the last qtr of 2010.. It was only released a month or so ago (about 10 months later than expected) so I wouldn't call your 7 day window Substantial.

    In terms of asking for people's views of where share price might/might not be on the results/non results, well you can't base your investment decisions on other peoples opinions. Take a look at the market cap, see how much cash the company holds, read through the last quarterly, see where and how much money was spent, work out what their gold resource is worth (from their market cap), compare with other goldies in similar positions, then figure out how under/over valued this stock is and how much higher/lower it could go.

    Anyway you'll realize the upside potential is greater than the downside risk, peer comparisons have this looking very undervalued, and it seems the only thing that is holding IDC back for the moment is an official JORC.
 
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