IDC indochine mining limited

jorc, page-11

  1. 2,622 Posts.
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    YACHENG!!!! How have you been?

    No kidding they are talking about IDC on the SDL thread?

    Man I almost cried when I pulled the sell order on that company. Not kidding!

    Yeah IDC is a magnificent company too! Reminds me of SDL in the early days when she was 12-13c for ages.

    Brilliant asset but unknown and unloved! IMHO once IDC comes out with their JORC upgrade then that will change very quick!

    Check out the posts on HC about IDC IMHO incredible potential.

    One thing to remember about IDC which SDL didnt have is that the Top 20 Cornerstone shareholders control almost 80% of the 500mill shares.

    And another 80million of the 500mill shares are held by the landowners of Mt Kare and are held in Escrow so they cant sell anything until well after the PFS in 2012.

    That leaves only a small parcel of shares that are being traded. Very tightly held! Compare that to the 2.8Bill shares SDL had on issue and 18% was snapped up by Hanlong!

    Ive just found something interesting about IDC I thought I'd post. Give us a sec!

    Cheers Nectar

    BTW Yacheng, your input and contribution on IDC would be greatly appreciated!
 
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