Indocan Resources Inc. (IDCN)

[Claypool Reservoir]

Here is the DD for the Deal with GIMU laid out in one place that I have come up with hope it helps

1st 8K from May 12th 2009 showing address change to Spain which is in Europe and Europe is where our CEO has been last week and weeks before...
Global Immune Technologies Inc. (the ¨Company¨) has moved its principal executive offices from 45 Brown Street, Sydney Mines, Nova Scotia, Canada to Avenida Jaime III, 25 1-B, 07012 Palma de Mallorca, Spain as of May 12, 2009.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6597171


2nd 8K from April 30th 2010 that state GIMU has begun discussions with companies about an acquisition....

has begun discussions with several companies in hopes of reaching agreements for acquisition of the best opportunity for shareholders of the company. The Company is currently conducting due diligence on some very interesting prospects and it looks forward to announcing a decision in the near future.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7215739

Then on May 27th we get a P.R that IDCN's strategic partner Mid-Atlantic Capital has engaged KZen Equities Services as advisors in raising capital and other needs regarding Bele Holdings gold mines in South Africa...I have highlighted the important areas of the P.R that I think are relevant to the most recent news given to us.

Indocan Resources Engages KZen Equities
Thursday May 27, 2010 - 13:54 PM EDT
PRNewsWire News ReleasesReleased By Indocan Resources, Inc..Share:
Rating:

Text Size: .LONDON, May 27 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces that it and its strategic partner Mid-Atlantic Capital have engaged KZen Equities Services Pvt. Ltd. of Mumbai, India, Mauritius and Dubai as advisors regarding the raising of capital and other needs regarding the Bele Holdings gold mines in South Africa that our group has committed an initial $12 million capital infusion.

KZen Equities Services Pvt. Ltd. (KZen, www.KZen.com) is an Indian investment advisory company, providing investment opportunities in India and worldwide, for individual and institutional investors and corporate strategic stakeholders. They offer clients direct access to the fast growing economy and emerging markets in India and around the globe. They draw on international expertise to identify countries, sectors and asset classes in the forefront of growth.

Company president, Jeffrey Bruhjell says, "This alliance will lead to a successful funding and IPO or reverse merger to accomplish our goals for Bele Holdings."

Bele Holdings has been granted mining rights (new mineral rights) for an area covering some 144 square kilometers in Barberton – Mpumalanga province. The mineral rights comprise 414 base metal claims with a serious history of gold production at all eight mining sites.



The last piece of the puzzel was given to us by STOCKCHARTER in and email he recieved from the company CEO posted below that ties all this together for the Eureka moment if you all don't see it by now your not going to.

Posted by: STOCKCHARTER Date: Monday, June 14, 2010 11:11:11 PM
In reply to: None Post # of 45641

-----Original Message-----
From: JRB Indocan <[e-mail]>
To: Ken Ash <[e-mail]>
Sent: Mon, Jun 14, 2010 9:48 am
Subject: LOI signed

You may tell people LOI signed, GIMU will be huge and they are JV with us in South Africa Gold deal.

Announcements soon, not our discretion.

GIMU is worth $36 per share based on recent Alabama coal deal that sold for $6 ton in ground


IMO the details have been laid out loud and clear now we just await GIMU the release their P.R to solidify the deal all the way around..This is bottom folks you can get in on the ground floor of this deal IMO I would take advantage of any cheapies you can get down here, this is coiled up and will blow at any moment..GLTYA...