MCT has a bigger MC than KMT after today purely on the basis that they picked up tenements in Paterson region on rumours of a Cu find by RIO that hasn't even been confirmed yet. AZY with a 50m MC or something like that.
Meanwhile MOD and KMT are struggling along in a belt that has confirmed Cu/Ag and will prove a good province imo.
But yes you are totally right, no liquidity in KMT specifically, it's a lobster pot as they say and just no hype about Kalahari in general. So with Cu/Ag prices struggling against USD head winds there isn't much going for us right now.
Spec resources are in a rough spot and I am not sure when USD is going to roll over or markets stop the wobbles. So in the meantime I am accumulating positions in stuff I like long term and will wait for the change in conditions.
Plenty of people who don't have that luxury though and that's why we are seeing what we are seeing.
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