Well the TSX hasn't helped a lot last night, still around current levels despite copper and silver climbing again. It really is amazing how high the price of copper has risen in only a couple of months.
I was reading the Annual report yesterday and the 500% resource increase over 05 was great. But there is a real drive to further significantly increase the resource estimates with a highly aggressive exploration plan underway now. The teaser that there was some potential for more resources around Dik was also encouraging.
But it is the Kinsevere and Nambulwa copper-cobalt deposits that is really exciting. Real long life potential at high grades of copper.
I'm comfortable knowing that a hell of a lot is happening on the ground right now. A period of consolidation before the next surge upwards I think.
All the best
KKR
AVM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
