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Indico Resources Ltd V.IDI.H

Alternate Symbol(s):  INDCF

Indico Resources Ltd. is a Canada-based mineral resource exploration company. The Company is focused on the discovery and exploration of porphyry copper gold deposits. The Company is currently evaluating multiple project opportunities for joint venture, acquisition, or merger.


TSXV:IDI.H - Post by User

Bullboard Posts
Comment by imJoeyPastaon Jun 24, 2011 5:15pm
155 Views
Post# 18763501

RE: New IDI website looks good:

RE: New IDI website looks good:Kind of found this interesting in this type of this political situation.
Not sure if i want to get in to Peru investing but its starting too look attractive,i got burned in Venezuela but this kind of makes me feel better now.

https://www.indicoresources.com/s/Ocana.asp

"There are no exploration expenditure commitments, no royalties, back-in rights and no finder's fee in connection with the transaction. Should the company wish to walk away from the deal part way into the agreement, the remaining balance will not be owed and no applicable termination payment."

I'm guessing if its not good for the company they can say good bye very easily.


Bullboard Posts