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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 1GOLDFINGERon Jun 08, 2016 10:28am
161 Views
Post# 24945900

RE:RE:RE:RE:Management= so important for the success of a junior

RE:RE:RE:RE:Management= so important for the success of a juniorI also have some past scars. I'm pretty sure this is not one of those co's that will go off the radar after all they will have some cash left over I guess a good question to ask is how much debt do they have less $6M US = IDI debt free with X $'s in the bank. + when will the Irmin actually go into production? 2018, 2019? 1.5 - 2 - 3 years from now? That will definitely be cause for celebration at $1M + - per month. That holds some serious future value. 

Question is the short term can/will they snap up a couple properties to give this Norsemont potential?  What other possible direction might they take and will your 1 share still be worth 1 share when that happens. That is the 50/50 gamble now.  As for being burned i think that won't happen but will we need to get a serious haircut is my one concern.  
Bullboard Posts