silver is so hi grade gold goes 4 a free ride

Hey Richard and Co

The link below is a webcast of the presentation that Mr Promnitz gave in Geneva, Switzerland in April 2012, at the Precious Metals Conference presenting to large institutions!

Probably the best way to get a clear picture of this gold mining project is to click on the link and watch the presentation while Mr Promnitz explains it more detail.

In this presentation, the comment made by Mr Promnitz, that due to the quality and grade of silver, may be high enough to pay for the entire gold production.

"high grade silver results mean the gold could go for a free ride...."

EG $1800+/Oz Gold Price Zero Cash Cost after Silver Credits!

THIS COULD BE A GAME CHANGER! NPV WOULD LAUNCH UNDER THIS EXPECTED SCENARIO OF SILVER CREDITS PAYING FOR GOLD PRODN!

If it isn't at zero cash cost, the silver credits would mean a significantly lower cash cost than Porgera is now $500-600/Oz), a 22 year old gold mine!

Definitely worth watching.

It might also explain why after this presentation BlackRock, Baker Steel, OchZiff, Maple Leaf, Genesis LLC accumulated 136Million IDC Shares in the following 3 months....Remember follow the big end of town when you invest! :)

http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/13/indochine-mining-limited/play/stream/4519

Cheers Nectar