life cycle of a mining share theory vs idc, page-4

Hey Vlad

Big time! takeovers are the biggest risk to our miners at the minute until the valuations get back to where they were in April/May.

With IDC, the fact that it has a very strong shareholder registry. The Top 20 Shareholders own almost 80% of the company, hence only a small portion is traded on the ASX. Hence its low volume.

So when the public wants to buy into it, the share price rises significantly.

With such a strong share registry, we can focus on building the multi million ounce gold resource at Mt Kare.

And Scanno Mate Cambodia will be the icing on the cake! Massive land stake we have there and as they were clearing the land for Electro Magnetic surveys, they found gold at the surface. Pretty good start to me....:)

Cheers Nectar