IDC 0.00% 0.0¢ indochine mining limited

idc = win!

  1. 40 Posts.
    So I was just thinking and calculating,,,

    the latest announcement states that:
    'IDC Progresses Option to Acquire 1.9 M Oz Gold Equiv Resource: Mt Kare'

    Now I'm going to be a little conservative and lets say they manage to dig 1.5 M OZ

    If we 'assume' Gold prices at approx $1,400 an ounce.

    1,500,000 x $1,400 = $2.1 bil

    billion dollar company??????

    I'm smiling already =]

    [my calculations are very rough - DYOR]
 
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