IDC 0.00% 0.0¢ indochine mining limited

pogera doesn't have to be , page-6

  1. 683 Posts.
    ramping up peoples expectations is not a good thing because it introduces the very element that the company is right now tring to get rid of
    Its good to think that the IDC might have the potential to mine a further (say) 3 million oz of cheap gold.
    This is what the current drilling will no doubt demonstrate.
    But that drilling must be translated into a JORC compliant resource/reserve.
    Only then will the speculation cease and the extra gold becomes a fact.
    Speculation can boost the share price but its still subject to the whim of the market as we have seen over the last three or four weeks.
    A JORC compliant resource statement is a beautiful fact.
    A lot of IDC SH's have purched on a speculative basis
    We need to see this change to a holding based more on pure fact.....
 
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