IDC indochine mining limited

Not yet, as I said my modelling was quick and crude but probably...

  1. 580 Posts.
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    Not yet, as I said my modelling was quick and crude but probably pretty accurate as folks who know my work in the project game, know that I always allow plenty of float for unknown unknowns.

    I would like to find some time to do each drill line individually. Depneding on what data I can get from the maps and, I am generally using an 80 metre X 80 metre area and calculating to depth with 1.39 ton of dirt per cubic metre.

    I allow for moisture and various unknowns to develop a realistic average (this is of course swings and roundabouts stuff). I ignore gold outside the drilled zone 2 dimensional area as making up for error and do not factot in recovery percentage as I also cover this in "non reported but assumed" gold outside 2 dimensional zone area as well gold not get analyzed at greater depth.

    in a nutshell, i am working with inmany instances blocks with a 2 dimensional area of 80 X 80 metres

    I think my figures are extremely conservative as its better to under promise and over deliver, in my experience!!!.

    Now if only IDC could be upfront and match my calculations with some of their own. It should not be up to Joe Punter to bring out the bloomin calculator when things look grimm!!!!

    Still no sentiment until they let us in on the flaming strategy they are working at

    Ther is no doubt this is a mountain of gold, but I do not like holding low priced stock or seeing the price getting smashed when I know for a factthat the JORC assumption is way UNDER REPORTED and not promoted.

    These guys should be able to calculate this stuff better then some idiot like me working with a flaming laptop and calculator. Its a flipping misdirection of the facts and evidence to not hint at where they are at with JORC upgrade potential.
 
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