Charles D

More information on IDCN also on our Forum at: http://www.charlesd.net/forum

LONDON, May 27 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources, Inc. (OTC:IDCN.ob - News) 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. http://finance.yahoo.com/news/Indoca....html?x=0&.v=1


IDCN News: May 17, 2010...
Indocan Resources & Mid-Atlantic Capital Commit $12M to Bele Mines South Africa


PALMA DE MALLORCA, Spain, May 17 /PRNewswire-FirstCall/ -- The Boards of Directors of Indocan Resources, Inc. (OTC:IDCN.ob - News) and Mid-Atlantic Capital Ltd. announce that they have committed to a $12 million minimum initial capital infusion to eight mine sites in South Africa.
Bele Holdings has been granted mining rights (new mineral rights) for an area covering some 144 square kilometres in Barberton – Mpumalanga province. The mineral rights comprise 414 base metal claims situated on the farms Hooggenoeg 150 IT, Doornhoek 157 IT, Kortbegrip 168 IT, Laggenoeg 158 IT, Rozentuin 159 IT including the Von Brandis, Heather Bell, Pentland and Thistle section, Soodorst 2, IU Overberg 1, IU and Nooitgezien 3, IU in the mining district of Barberton.
These claims cover the area of the Old Thistle, Heather Bell, Golden Snake, Von Brandis, Queen of Sheba and Pentland mines. The property lies at a mean height of 765 metres above sea level, close to the Komati River.
Bele Mines has substantial infrastructure including a number of shafts and 300 m of underground development and is the most advanced of the projects in the area. The main shaft was sunk to a depth of 50 meters and reef development has taken place on a mineralized shear zone.
Mid-Atlantic Capital advises public companies on funding activities and helps companies become public and get early stage funding. Indocan Resources is working closely with all parties related to this gold mining prospect and will have a carried interest and a slice of the NSR when completed.
Mapping and sampling carried out by previous investigators has established a total resource of 8 million tons of ore at 7.38 g/t down to a depth of 45 meters below the extensive reef development on the 50 meter level, i.e. 95 meters below the shaft collar elevation (this represents circa 1% of the total mining area).
This is equivalent to some 1.4 MILLION ounces of gold from the developed area.
Production of 360,000 tons per annum at 7.38 g/t producing after 29 months revenue amounting to an average of US$60 million per annum. The life of mine is estimated to be over 20 years.
At a discount rate of 15% per annum over a ten year period the estimated Net Present Value amounts to US$233M for the existing developed mining area (this represents circa 1% of the total mining area).
More information can be learned by visiting our website: www.indocan.com.
We seek "Safe Harbor."
Company Info: +1-406-322-3844 Jeffrey R. Bruhjell, president JRB@Indocan.com
CONTACT: Investor Relations, Ken Ash +1-910-300-8189 kenash@indocan.com


Press Release Source: Indocan Resources, Inc. On Wednesday April 21, 2010, 11:05 am EDT


MISSOULA, Mont., April 21 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources, Inc. (OTC:IDCN.ob - News) announces its plan to launch a Securities Awareness Campaign beginning April 22nd, 2010 and running until April 21st, 2011.
According to the company, a Securities Awareness Campaign is not unlike an advertising campaign, it is a series of advertisements and or sponsored messages that share a single idea and theme to create awareness of the company's current and future objectives and potential with the intent to attract and interest investors and or stakeholders.
A Securities Awareness Campaign may include the hiring of investor relations personnel, launching a new web based investor relations platform, sending emails to opt-in subscribers of newsletters and/or information websites, placing ads on websites, sponsoring research reports, interacting on message boards and mailing press kits and information. These services can be paid and/or hired by the company with the issuance of restricted shares and/or cash. It is also possible that existing shareholders pay individuals and/or companies to perform these services and these shareholders could pay with the transfer of shares and/or cash. In either case, the company intends to provide whenever possible with a disclosure of said payment and/or hiring.
Shareholders and/or potential shareholders should be aware that a Securities Awareness Campaign does not guarantee that a market will develop in the company's securities and that in the event an active market does develop, the price of the stock may not reflect the fundamental value of the company. It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock.
The company does not support in anyway the use of "spamming" and request that shareholders immediately contact the company in the event they receive and/or are aware of such activity.


April 21, 2010 -- Indocan - IDCN News
Indocan Resources Announces a Securities Awareness Campaign PR Newswire "US Press Releases "

MISSOULA, Mont. , April 21 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources, Inc. (OTC: IDCN) announces its plan to launch a Securities Awareness Campaign beginning April 22nd, 2010 and running until April 21st, 2011 .

According to the company, a Securities Awareness Campaign is not unlike an advertising campaign, it is a series of advertisements and or sponsored messages that share a single idea and theme to create awareness of the company's current and future objectives and potential with the intent to attract and interest investors and or stakeholders.

A Securities Awareness Campaign may include the hiring of investor relations personnel, launching a new web based investor relations platform, sending emails to opt-in subscribers of newsletters and/or information websites, placing ads on websites, sponsoring research reports, interacting on message boards and mailing press kits and information. These services can be paid and/or hired by the company with the issuance of restricted shares and/or cash. It is also possible that existing shareholders pay individuals and/or companies to perform these services and these shareholders could pay with the transfer of shares and/or cash. In either case, the company intends to provide whenever possible with a disclosure of said payment and/or hiring.

Shareholders and/or potential shareholders should be aware that a Securities Awareness Campaign does not guarantee that a market will develop in the company's securities and that in the event an active market does develop, the price of the stock may not reflect the fundamental value of the company. It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock.

The company does not support in anyway the use of "spamming" and request that shareholders immediately contact the company in the event they receive and/or are aware of such activity.

March 14, 2010 – Indocan – IDCN

A fellow Indocan investor writes: If you haven’t been to my Forum in a while…this is a great time to visit and check out my new look: http://www.charlesd.net/forum

March 9, 2010 – Indocan – IDCN

IDCN printed .0027 in pre-market and is now printing .0022-.0023. This seems to be how things happen on a daily basis…Open at or above the previous day Close and then Trade down 10% or so and then take off to new highs. In my opinion that is what will happen for a while. I believe the stock has quite a few Shorts in it and the MM’s are trying to get more shares and Cover. I think we go through .003 and maybe see resistance at .0033 before moving forward. But, make no mistake about it…IDCN keeps going UP and we are expecting News at any moment/day. This news is to be the BIGGEST NEWS YET and will likely take the stock on up to the .005 range, IMO.

March 5, 2010 – Indocan News

Press Release Source: Indocan Resources, Inc. On Friday March 5, 2010, 1:59 pm EST
MISSOULA, Mont., March 5 /PRNewswire-FirstCall/ — The Board of Directors of Indocan Resources, Inc. (OTC:IDCN.ob – News) announces that our Oil Patch efforts are moving forward nicely. We have committed to 50% of an Oil & Natural Gas project in Pennsylvania whereby our Indocan Resources Oil & Gas LP will invest with funds from our investors, the Limited Partners, up to $593,000 in a twenty well plan that yields 60% NRI to us. These wells will co-produce oil and gas. Surrounding area wells are producing with a zero water cut and we expect the same. Drilling should commence in April with cash flow to begin in July if all is on schedule.

More information can be learned by visiting our website: www.indocan.com

March 4, 2010

Press Release Source: Indocan Resources, Inc. On Thursday March 4, 2010, 4:10 am EST
MISSOULA, Mont., March 4 /PRNewswire-FirstCall/ — The Board of Directors of Indocan Resources, Inc. (OTC:IDCN.ob – News) wishes to update the Company shareholders with the following information.

The recently announced Hockey Stick property in NW Ontario is moving forward with draft options and operating agreements on the table from lawyers and final agreements expected to be executed in the near future. Our geologist is preparing a sampling program and other plans to be submitted to our joint venture for examination and ultimately approval.

At least two other properties with similar prospects to Hockey Stick are being considered by management and have a reasonable proximity to each other and have similar prospects as Hockey Stick.

We welcome the many new shareholders in recent days and weeks and commit to regular updates and communications that will benefit both the Company and our Stockholders.

More information can be learned by visiting our website: www.indocan.com

March 3, 2020 – Indocan Resources Update

Penny Stock Chaser, a stock promotion company, today announced that they have 50 Million shares of IDCN that they bought in the open market yesterday and today. After the Market Close Penny Stock Chaser announced that they intend to buy another 200 Million shares of IDCN. PSC says they have a $0.01 target price on shares of IDCN. The stock price closed today at $0.0013 so if IDCN shares hit the PSC target they will have banked a 760% Return from today’s closing price.

Normally PSC is paid to promote companies such as IDCN but in this unusual case they have stated that they “are not being paid” and have taken a position in the stock because they “like the action” and believe the company has “big news coming.”

March 2, 2010 – Indocan Resources – Ticker: IDCN

Today we have huge volume with IDCN and Penny Stock Chaser, which normally has to be paid to promote a stock, has said that they are taking a 20 Million share position in IDCN and plan to promote the company tonight. They also said “In the next two weeks this stock will go nuts.” So, is THIS it? Is this the BIG Run that will take us up and over .002 and then on to .005 and above? Well, it could be as the Company also made comments today via its website stating: Penny Stock Chaser has reco’d a BUY on IDCN. We are only just get started. More Gold properties coming and other announcements.
PSC posted this later today: IDCN was up 66.67 percent today, tomorrow we may be seeing triple digit earnings

IDCN is a newbie on our list. IDCN slammed the day @ 0.0015, up 66.67% on 437,644,728 in volume.
The buzz today has been circulating and just to set the record straight we are not getting compensated for IDCN. If you think it’s out of character for us that’s because it is. It is not often we jump on something like this, but with IDCN we like what we see.

We have a huge following and we are not willing to lose our credibility so what’s in it for us is what’s in it for you. We see huge potential with IDCN and any small move upwards will mean huge profits for those in on this pick.

We were buyers of IDCN today and the news is still circulating which means for those who got in today are way ahead of the game. There is a huge rally building on IDCN and its gonna carry us for the rest of the week.

Looking at the intraday chart on IDCN the volume picked up as our Twitter alert went out. Those on the ball stand to make a ton of cash here and even the slightest move upwards guarantees our members triple digit profits.

We seem to be on the wagon for these undervalued and undiscovered stocks because when things go according to plan our members stand to make a ton of profit.

IDCN operates in Thunder Bay in Northern Ontario. Ontario’s gold mines produce about $1 billion worth of gold annually. The Lac des Iles mine north of Thunder Bay is the only platinum-palladium mine in Canada. The far north region of Ontario has great geological potential but remains largely unexplored and undeveloped which is why IDCN is so appealing to us.

IDCN has taken off and picking up IDCN at these levels will make you a lot of dough. Anyone getting in at these levels stands to come out a winner.

So, I hope everyone was able to take advantage of the After-Christmas Day like Sale that took place over the past few days. If not, load up now.

February 24, 2010 ….IDCN News

MISSOULA, Mont., Feb 24, 2010 /PRNewswire via COMTEX/ — Indocan Resources, Inc. (IDCN), today announced that it has joined , a customized web-based platform showcasing emerging growth stocks.
StockProfile.com provides the investing public with a free unique information portal for investors who like to conduct their own research and make their own investment decisions. The platform allows users to review and investigate dynamic publicly traded companies in a user-friendly environment.
If you are interested in viewing – Indocan Resources, Inc. profile, please visit .
Company president, Jeffrey R. Bruhjell said, “we hope you will take advantage and join the free information portal, it can benefit you with other investment ideas as well as being great for Indocan to have outside coverage.”
Indocan Resources, Inc. is a Montana-based, holding company primarily invested in the Natural Resources industries. We have both oil & gas interests as well as metals exploration and mining interests. We have recently begun an exploration program in NW Ontario on a known gold property. We will be publishing geologist written information and test results each week or so as the program progresses. We look to develop a solar farm in the near future and have other interests that we will share with investors as they develop.
More information can be learned by visiting our website:
We seek “Safe Harbor”
Company Info: +1-406-322-3844 Jeffrey R. Bruhjell, president
CONTACT: Investor Relations, Ken Ash +1-910-300-8189
SOURCE Indocan Resources, Inc.

February 12, 2010…IDCN

It looks like IDCN is ready to Break Out to the upside. I am going in for another 12 Million shares getting me up to the 100 Million/Century mark.

February 5, 2010 – Update on IDCN

Indocan Resources is definitely “in-play” again as today was spectacular. Not only was the stock price up 60% today, it closed at the High of the day and on outstanding volume of nearly 183,000,000 shares. The Stock Charter Group is working with this stock and is buying a lot of the shares…they must believe in it!

No telling how high this goes. When I originally started buying it at .0002 back in the summer of 2009 my target was 1/2 cent. Then, I heard that it was really more likely to hit 1 Penny. Now, I am hearing that .02 – .04 is where this may land in a relative short term.

January 6, 2010 – Update

It has taken longer than 90 days (as these darn stocks tend to do) but we may be on the verge of seeing IDCN really Rock! IDCN has 4.2 BILLION SHARES OUTSTANDING; 2.28 BILLION IN FLOAT of which I am told 1.7 BILLION are tightly held.

Now, the neat thing…I think IDCN may have the biggest deal it has ever had in the history of the company with Hockey Stick Gold in Ontario. IDCN has a full interest with a locally-based company to exploit the goldmines that have been productive, excellent examples of NW Ontario Gold Mining. The recent sampling at Hockey Stick using grab samples and shallow trenching yielded a result (verified and filed with the Ontario government) of 1.34 ounces of Gold per metric ton. Gold is currently priced above $1,100 per ounce making this a fairly significant amount of ore per ton.

I think IDCN is poised to go much higher. I am still hearing a PENNY at the top side and more of a moderate target of 1/2 cent. However, from today’s Close that would be a 10-Bagger! I have continued to accumulate IDCN over the past few months and have multiples of what I had in those early posts. I’m looking for another home run here. (Who knows, maybe a Grand Slam!!!) Embarassed

August 21, 2009 – Update

I am still buying IDCN. This is a high risk/reward stock. I buy these with my “play” money. I understand that a group is buying up these shares and (get this) will take it to a Penny. If that happens, this will be a HUGE…did I say H-U-G-E run? I bought 11 Million Shares and will buy more when I pull money out of my other Penny Stocks. I see a 90 day horizon on this one. Remember, this is highly speculative. However, if it just goes to one tenth of one penny that would be a Five Bagger. A Penny would be a 50x’s return.

August 10, 2009
Got filled on Indocan today at $0.0002
http://www.indocan.com/