MOMO'S BREAKOUT BOARD

[balamidas]

IDCN(0.0013)weekend Updated DD (02/20/2010) ~


2 new updates on IDCN website !!

-update @ IDCN Hockey stick Gold Property$$$$$$ The recent sampling at Hockey Stick using grab samples and shallow trenching yielded a filed (with the Ontario government) result of 1.34 ounces Au (Gold) per metric tonne.


http://www.indocan.com/gold.html

link to the property ~ http://www.indocan.com/gold/hockeystick.html

expect a POWER PR on this !!!

-OIL investment Update :17 Feb 2010--Yes, we are going to re-enter the oil patch soon but must first fund our subsidiary, Sierra Cora Ltd. and provide cash for the winter sampling program. We will either make another subsidiary or use Sierra Cora for an oil field investment




BUSINESS PLAN

the company is planning to launch its activity into hot sectors

1/SOLAR ELECTRIC

IDCN Plan to develop solar farms of electric-solar panels whereby an unused or under-utilized piece of land, whether old mining properties or fields not being used by agriculture, will be utilized for electricity production can now be pressed forward.

with GE(General electric) providing front and back-end process for Solar Equipment IDCN feel confortable in proceeding with its Solar Project

link ~ http://www.indocan.com/pressreleases.html


2/GOLD MINING

http://www.indocan.com/gold/hockeystick.html

Gold in Ontario. The Thunder Bay District is our quest. Fine gold mining claims packaged well by experienced prospectors. We have a full interest with a locally-based company to exploit the goldmines that have been productive, excellent examples of NW Ontario Gold Mining.

***** new update @ IDCN Hockey stick Gold Property$$$$$$ The recent sampling at Hockey Stick using grab samples and shallow trenching yielded a filed (with the Ontario government) result of 1.34 ounces Au (Gold) per metric tonne********


on Jan 11 Indocan Resources Executes Letter of Intent With Thunder Bay Group

NAPLES, Fla., Jan. 11 /PRNewswire-FirstCall/ --

The Board of Directors of Indocan Resources Inc. (OTC:IDCN) announces today that pursuant to a formal Purchase Agreement an initial agreement has been reached with a Thunder Bay, Ontario group to move forward with aggressive plans for mining gold.

Indocan has agreed to provide capital and other good and valuable considerations in exchange for a full interest in a property known as Hockey Stick, which comprises a collection of mining claims in the Thunder Bay District of NW Ontario.

Indocan's subsidiary, Sierra Cora Ltd. will combine on a 50% - 50% basis with the companies and shareholders known as the Thunder Bay Investors Group. Sierra Cora will fund the operations and plan and float an IPO in the coming months to provide capital and liquidity for the company.

Web Site ~ http://www.indocan.com/


3/COPPER and SILVER (Cu & Ag)MINING

http://www.indocan.com/gold/hockeystick.html




FROM THE WEBSITE we can read on Feb 5

5 Feb 2010--We are reloading the Transfer Agent. That means the Fast System will be working next week and you should be able to enter orders through any broker.

With the renewed interest in buying of our shares we have had many inquiries about future news and company happenings. We will have follow-up information both on the website here and in formal Press Releases.




*********PS ~as IDCN was inactive for a while and Now Back to life as the the Transfer Agent has been paid and have reloaded IDCN account
brokers have likely sold their entire inventory of IDCN shares AND this is the worst thing that could happen to them now that IDCN is under growing interest WITH a higher demand for their shares.
this action might trigger a HUGE MOVE on IDCN price in the short term ************ SHORT SQUEEZE


link ~ http://www.indocan.com/frontpage.html

IDCN is setting for a major move very soon ,great accumulation is going on~

Company Info: [phone] Jeffrey R Bruhjell, president

CONTACT: Investor Relations, Ken Ash [phone]

DATASOURCE: Indocan Resources Inc.

CONTACT: Jeffrey R Bruhjell, president of Indocan Resources Inc.,

[phone], or Investor Relations, Ken Ash, [phone], for Indocan



PS ~IDCN might play like a LOW FLOATER play because

of this :

IDCN was inactive for a while and Now Back to life as the the Transfer Agent has been paid and have reloaded IDCN account
brokers have likely sold their entire inventory of IDCN shares AND this is the worst thing that could happen to them now that IDCN is under growing interest WITH a higher demand for their shares.
this action might trigger a HUGE MOVE on IDCN price in the short term

a Huge Short Squeeze might occur if we see buying pressure

don't put stops and if you wanna sell put high orders and Always

sell at the ask

link ~ http://www.indocan.com/frontpage.html

*****SHORT GOT CAUGHT on IDCN ******




Take a look at the shorting that went on today and the previous days for IDCN

Friday:
20100219|IDCN|81639188|124437118|O

http://regsho.finra.org/FORFshvol20100219.txt

Thursday
20100218|IDCN|101353952|187595366|O

http://regsho.finra.org/FORFshvol20100218.txt

Wednesday

20100217|IDCN|111461226|223898609|O
http://regsho.finra.org/FORFshvol20100217.txt


Tuesday

20100216|IDCN|89071547|110237987|O

http://regsho.finra.org/FORFshvol20100216.txt

Friday

20100212|IDCN|54386354|87697950|O



http://regsho.finra.org/FORFshvol20100212.txt