"remember if IDC had the same resource as Pogera then it would trade over $10"
gamble, with respect, I think your logic is flawed.
You can't take Barrick's SP for your assumption, because, obviously, Porgera is only one of very many mines which Barrick has all around the world. Can you estimate Porgera's contribution to Barrick's bottom line? I don't think so.
Mt.Kare isn't necessarily another Porgera, but the exciting thing is that it just might be!
Regards,
23.
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