pfs and end of quarter, page-4

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I agree. Great ballanced post.

I hope its not a basis here of buy the rumour sell the fact - particularly if the PFS unwraps a very good but costly project. The content/findings of the PFS has been known by a select few for some time and by the PNG government for some weeks.

I suppose todays 15 cents is better than last months 13 cents but with the hype from some on HC the market reaction has to date been pretty poor.

Fund raising is the major issue (problem for IDC and shareholders).

A takeover by an existing PNG gold mining big may be the best result for shareholders.