Kinross Gold Mining (large global gold company much bigger than KCN can ever imagine) will go hard for this one. Their nearby La Coipa mine needs a large amount of tonnage...the mill is hungry and they don't have enough in Ore Reserve.
I expect they will pay in excess of 5c/share (its chump change for them), which will be stuff all to get their hands on this Resource which can easily be proved up to Reserve by doing some seious block modelling ie no more drilling required.
LRC Price at posting:
$2.38 Sentiment: Buy Disclosure: Held
