Indochine Mining has been rated in this week's edition of PortfolioDirect/resources

Indochine Mining has been rated in this week's edition of PortfolioDirect/resources. Indochine expects to make a decision about its Mount Kare gold deposit later in 2014. This positioning can often represent a value trap for investors as companies have typically passed the point at which they can generate positive surprise from exploration but have not yet made a commitment to development (or may display insufficiently convincing project economics for investors to assume future development within a reasonable time frame). The transition can be prolonged and well beyond a reasonable investment time horizon. PortfolioDirect has judged Indochine one of the best positioned to make the transition to the next stage of development. A key factor in this judgement is the geological parallel with the nearby Porgera development. The PortfolioDirect summary report for stocks rated in December 2013/Janary 2014 can be downloaded from (VIEW LINK).