mt kare incredible gold results 10 yrs ago+, page-18

I was up in PNG and te high;lands couple of weeks ago and met quite a few of the Land Owners from Mt Kare.
I don't believe things are problematic with the Mt Kare land owners.
In fact, quite the opposite.
Relationships between landowners and IDC are working well.
It appears that the customary land owners of Mt Kare are only too pleased that new blood has come in to develop the Mt KLare project.
By all accounts the company is right on target in terms of Land Owner issues and relatiosnhips seem to be strongly focussed on getting to the mining stage.
Hope that helps with a better picture of whats happening out there.
In general its all pretty exciting up there.
The project is likley to be optimized at some where nearer to 3,000,000 onz plus very good exploration [potential.
At 17/18 cents a share, fora company with a plus 2,000,000 oz JORC resource
They already apprently have the financial backing to get to the mining stage I WILL POST THOSE DETAILS WHEN I GET A CONFIRMED SYNOPSIS OF THAT NEXT WEEK .
I think IDC is good for about 70 Cents within a relatively short period (i.e. feasabiity) and in he longer term about $A1.45 or better (decision to mine).
If properly optimized I suspect they can reach about 170,000 ox per year no problem.
At A$1,650 per optimized oz this gives the company huge growth potential.
Land owners get 10% of net mine gate profit so they will be happy too!
Lucky we have a slow market right now.