v.AME is one of our neighbours...On the other side of Discovery's property is a signed joint venture between Abacus and KGHM Ajax Mining, the 9th largest copper producer and the 3rd largest silver producer in the world. The company is valued at $37 billion dollars. KGHM is building a 60,000 ton a day mill to exploit a 503 million ton copper-gold rich deposit expected to produce 110 million pounds of copper and 100,000 ounces of gold annually and they are looking for other properties in the area one of which could be Discovery's.
And talks on the v.AME bb is that they just may be taken out by KGHM and as I said, this will be great for DCY! Could this recent upward trend be related to this takeover talk? Geroge