KMN 4.00% 12.0¢ kings minerals nl

drilling update, page-9

  1. 111 Posts.
    Thanks for the analysis - I'll plug some numbers myself in the next few days - but have never thought of anything as exotic as Moly before!

    Anyway - what alerted me was this little piece in the back of the Australian midweek at the bottom of an article about CDU:
    ++++++++++++++++
    Cloncurry is going off all right

    UNLESS Wayne gets a shimmy on, he'll be beaten to a resource number for the Bolnisi boys, Norm Seccold and Dudley Leitch, whose Kings Minerals copper molybdenum prospect is shaping up to be a cracker.

    Kings' share price has waned thanks to lack of interest in its subsidiary on the Canadian market but the Kalman prospect has been delivering good drilling results and the speculation is a 60 million tonne moly resource will be JORCed up, grading around 1 per cent copper equivalent. Cloncurry is going off.
    +++++++++++

    Cheers David
 
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