IDC 0.00% 0.0¢ indochine mining limited

Farmer,But wouldn't the increase in the price of Gold give them...

  1. 291 Posts.
    Farmer,

    But wouldn't the increase in the price of Gold give them more to think about and potentially explore?

    What I mean by that is;
    You would only drill/explore to a certain level when the gold price was $300-500 because of the cost to get it out of the ground. Now that the price of gold is $1700 you margin is substantially greater given you more opportunity to explore further.

    I am no expert, but that is my take!!

    Surly

 
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