What KDR are targeting on their Home of Bullion tenement at depth has very limited strike potential and as they drill deeper it's going to be hit or miss as the target will be a challenging one.
Because of limited strike and thus metal content on a tonnes per vertical metre this drilling program lacks worthwhile value.
In figure 6 they show a very deep target 0 if projected right this could come out in Nth America/Canada where they do have some quality assets.
I watch with interest as this story unfolds. Look at the sections - how can anything with limited metal content be mined to those depths? They can't but it makes a good story anyway until the money runs out - and it will in time.
KDR Price at posting:
24.0¢ Sentiment: None Disclosure: Not Held
