re: Ann: New High Grade Copper Zone confirmed...
Sorry Phil,
I mis-read your original post. I (mistakenly) read it as you had done volumetric quantitive calculations which indicated that there was sufficient Cu in the ground to enable a commercial reality. My heavy heart lifted.
But, alas, you have merely 'heard' that it will be a commercial mine within a year and, that being the case, 'calculated' that it represents a good buy.
Well good-oh. Only trouble is, IMO, if grades and widths remain the same, it certainlly will not be an operational mine within a year and probably never.
Hence the current, diminishing, SP.
KDR Price at posting:
18.5¢ Sentiment: None Disclosure: Held