Understood Surley and agreed!
Everyone on HC must know where I stand with IDC from my posts. VERY BIG FAN!
But I completely agree with BT and Invest4it Clotski's comments regarding the lack of news about the project,
ONLY NEWS and Milestone Achieving News, like the High grade drilling results, and PFS Update they are working on will lift this stock and market cap to where it should be compared to its gold mine development peers.
But if Indochine expects to attract the professional funds they need to the stock to lift it well above where it is today, they need to begin to hit their announcement target dates.
The main reason why they haven't invested in IDC to date, is the constant failure, albeit for good reasons, massive minerals boom in PNG causing bottlenecks with engineering labs and choppers etc.
Hopefully we will see the first of these announcements according to their last update which was released only 15 days ago, Mid March PFS Initial Report and the First of the High Grade Twinning Drilling Results.
The guys that they have recently hired George Niumatawalu, from Hidden Valley Gold mine, Director John Shaw from the sister mine Porgera and David Meade from PanAust's copper gold mines, have the runs on the board with previous gold projects.
I know its only a very short time since they have started, but they need to begin to get the runs on the board for IndoChine Mining too.
We have a minimum $2.6Billion worth of Gold at Mt Kare, and that's only from Buffalo's drilling years ago(2.1million ounces JORC).
+ The drill holes only went down 350m in most cases, and we know all the other gold mines reach a depth of 1000m+ metres on PNG, including our sister mountain Porgera.
Constant positive news flow is critical to informing investors about our Baby Mammoth at Mt Kare.
Cheers Nectar
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