Of course if the XGD bolts, this will likely bolt too, but as...

Of course if the XGD bolts, this will likely bolt too, but as the risks of production start up start hitting home like poissible delays, licensing approvals, funding etc start popping up, this will likely IMO have a negative impact on the price while other producers that have already overcome these hurdles and are producing gold and therefore cash, will be off to the races.

Like I say, I think for what IDC have they are cheap. But I bet there'll be a lot of dilution and cash burn as they wait to organise production or a JV especially with the drilling they are currently doing. I'm also keeping an eye on the head and shoulders pattern on the daily chart. It hasn't broken the neck line so far so it's not an issue but something I'm watching.