IDC indochine mining limited

Here is what really jacks me off. Being a numbers man and...

  1. 580 Posts.
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    Here is what really jacks me off. Being a numbers man and academically qualified engineer, I ran the numbers through a quick and crude simulator. The current bonanza results equate to 730,122 ounces with a 20% variance either way. So lets be reasonable and allow for the lower side and say 500,000 ounces at say 1000 dollars per ounce after costs (I made this number up as it sounds reasonable to have 500 cost per ounce extraction). That equals 1/2 a billion dollars profit.

    Now considering the gold is still at depth and we expect more gold at greater depth and area, you could probably say that these results probably indicate an extra 3/4 of a billion profit and 750,000 ounces conservatively.

    Its a good news story on a sad share price!!!!

    Who the hell is selling this stock!!!!!!!!

 
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