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]
So I was just thinking and calculating,,,the latest announcement...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
