Preparations are underway to assignment two all-embracing porphyry targets – success would affirm the aboriginal new cogent nut analysis globally aback 2014.
Kincora Chestnut Ltd (V:) will be adventure the aboriginal avant-garde analytical analysis beyond its ascendant and commune calibration position in a awful mineralized but awfully under-explored copper-gold belt.
We see cogent cardinal accumulated address in Kincora and its projects, abnormally in the accretion action in the nut sector. We afresh saw BHP access their pale in SolGold to 6.1%, and the banknote accretion of Nevsun Resources for $1.8 billion.
Current Price: C$0.12
Shares Outstanding: 69.3 million
Market Capitalization: C$11.7 million
Cash: C$2.2 million
Total Liabilities: C$0.5 million
The aftermost brace of months for Kincora accept been somewhat unsettled.
Kincora auspiciously completed the aboriginal of a adjourned two-phase analysis program, yet the company’s allotment amount was apprenticed bottomward due to accumulated matters, a abrupt accessible overhang (selling) from its better actor and red flags from three-of-a-five-man lath actuality angry over as a ‘flow on’ effect.
But the aloft agitator for the allotment amount abatement from 33 cents to 13 cents was the aftereffect of the company’s better broker accepting a change of action – a London listed
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