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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
Post by 1GOLDFINGERon Oct 03, 2015 6:28pm
67 Views
Post# 24160746

Highlight From The Indico MD&A

Highlight From The Indico MD&A "In addition, the Company has reviewed multiple additional porphyry exploration projects and is in negotiation to acquire interests in additional porphyry exploration projects."  

The last property the company made an attempt to acquire was very high profile situated upon very valuable ground. One needs to assume that with the buyers market currently available to them Indico should be able to get their hands on something good with some blue sky potential. That should add substantial shareholder value here.  

Looking forward to some further updates on work progress for the Irmin project with a start on the drill program to begin at anytime. The next 3-6 months should take us to a PEA and initial mine development plans to be in hand with construction to ramp up shortly thereafter. 
Bullboard Posts