IDC indochine mining limited

Risks of what Bleach?You're selling because te gold price has...

  1. 683 Posts.
    Risks of what Bleach?
    You're selling because te gold price has been hit nd with it gold equities.
    I am not easily rattled by things like that, you can see them for what they are.
    One dat SocGen and Goldmen are running around telling te world golds going to 1200 and the next day they are saying the exact oppositit (GenSoc says gold to go to $10,000.)
    I watch the sheep (lol, the "market") running from one side of the field to the other.
    Ok, thats what sheep do.
    From my perspective if the current report follows the model previous outlined its an intesection of about 20 meters true width and 50 meters depth open on strike and running at half an oz to the ton.
    I want to know what this means, some others may also want to know.
    Perhaps not you.
    I think (its only an opinion and sould not be relied on for any investment decision until publicly announced) it means that about 80 ,000 oz just got added to that high grade resource (700,000 oz @3.7 gpt ) with value of about A125,000,000.
    If I understand RRLs stratagy now it is to present a reserve of 1,000,000 oz at better than 3.8 gpt and a cost of less that 600 per oz.
    Otherwise its pretty much irrelevant what you or I think, the company will do what it has to do to get this project into production.

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