If experienced geologists like Peter Pollard and his counterparts at FCX have thoroughly reviewed and analyzed all the available data from the field and from the latest aerial survey and they - as experts - consider that, despite the disappointing drill results to date, it is worthwhile to continue exploration why should anyone discourage that? Factors other than the geology come into play - national policy on the extraction and export of mineral resources, the global backdrop, FCX's own priorities etc. There is no evidence at this point in time that the local population in the vicinity of KSK would react unfavorably to a continuation of exploration activity.
What is the point of debating something that will unfold in the coming weeks or maybe months ahead!? what will be will be. Lets just wait and see. I'm actually very confident that Freeport are coming back for another drill program in 2014. You may not be.. lets wait and see who is correct.
NewHero I note your confident "little to worry about on that score" attitude on tenure. I agree that, even though the US$ 16.2 million 2013 exploration spend at KSK would be considered a micro-exploration-budget by any mining major, FCX wouldn't have proceeded with even that relatively small amount unless their legal department had been reasonably confident that the KSK CoW "Exploration Period" could be extended beyond 28 April 2014 by another year. However, the tenure issue becomes more sensitive for KLG should FCX decide to withdraw. KLG insiders say that they recon that enough has already been done at KSK to justify moving it into "Feasibility". That might be wishful thinking. Should one dismiss altogether the tenure risk if FCX pull out. Your thoughts please?
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