RE: Future Share Price18 May 2021 23:47
Evening F. First thing is DO NOT invest your money based solely on what you read on these boards (or Twitter). I learnt that the hard way many years ago and it took me a long time to get that money back. Also do some reading to understand the basics, like market cap, ask/bid/spread, etc and decide if you are buying as a speculator/investor or as trader - they are very different. There is an incredible amount of information out there so always keep learning. Books obviously are the best but I find podcasts are a great source of info - driving/walking the dog.
Hydrogens post are great and they are based on fact with that bit of hope/luck. The point is the exploration model that KML are using is based on the down structure that MOD proved up by finding the T3 deposit and the subsequent A4 resource discovery. (The irony is the KML ground was previously misinterpreted by MOD (quickly google synclines and anticlines)) KML have an excellent team of geologists that have put a lot of work into the ground, NOTHING is guaranteed in exploration but the odds of KML finding copper is high, the beauty as H has touched on is that it doesn’t HAVE to be a massive deposit because SFR already building a mine (for T3) it just needs to be economical. A4 drilling (Sandfire) has hit an intersect with some copper at 61% - this is unheard of - so there is high grade copper in the belt. The high grade the more valuable, especially to SFR to feed their mine. Expecting some M&A (merger and acquisition) by that I mean SFR will want any copper if it’s there, that will come buy either buying KML or one of its owners. IMO they will take out Cobre - great for MTR.
Read and read. ATB.