Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Kincora Copper Ltd V.KCC

Alternate Symbol(s):  BZDLF

Kincora Copper Limited is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. It is primarily focused on the copper-gold discoveries in the gold rich porphyry regions of the Lachlan Fold Belt (LFB) of Australia. The Company projects include Trundle Project, Fairholme Project, Cundumbul Project, Northern Junee-Narromine Belt Projects and Southern Gobi Belt Projects. Its Trundel Project is located approximately 420 kilometers (km) west of Sydney and 61 north-west of Parkes in Central West New South Wales (NSW) and covers an area of 167 square kilometers. Its Fairholme Project is located approximately 440km west of Sydney and 45km northeast of West Wyalong in Central West NSW and covers an area of 169 square kilometers. Its Northern Junee-Narromine Belt Projects include three licenses, which include Nyngan, Nevertire and Mulla, and covers an area of approximately 1,739.5 square kilometers.


TSXV:KCC - Post by User

Bullboard Posts
Post by HF.mongol.khanon Feb 15, 2017 11:10pm
292 Views
Post# 25852961

Math for dummies

Math for dummiesJust realized something baffling: Origo (OPP.L) market capitalization is US$10million Kincora (KCC.V) market capitalization is US$30million so the 32% that Origo holds in Kincora represent USD9.7 million...basically the WHOLE MARKET CAPITALIZATION of Origo, giving a value of ZERO for all the other investments of Origo!!!! From here it is easy to speculate: If following the new impulsion given to Kincora by Sam Spring and Robert Friedland joining forces, https://kincoracopper.com/sites/default/files/corporate_presentations/20170215 Kincora Corporate Presentation.pdf the share price of KCC was to jump +50% or +100%...or become a 10 bagger as some suggest (https://www.proactiveinvestors.com/companies/news/173194/will-kincora-copper-be-the-next-10-bagger-copper-explorer-173194.html) COULD ORIGO DO NOTHING sitting on its hands (while we all know Mongolia is high volatility) with ONE of its numerous assets valued by the market at a multiple of Origo market capitalisation? Would shareholders of Origo like Pacific Alliance Investment Management and other Lansdowne Partners be cool about a do-nothing attitude? I doubt. May be those could order Origo to DISTRIBUTE to its shareholders the KCC shares! Now if after KCC was to gain momentum, Origo was trimming, wouldn't we see a race between several potential contenders, including Robert Friedland, to grab this unique block of KCC? ...especially keeping in mind what Robert Friedland said in 2005 about Bronze Fox: https://m.resourceinvestor.com/2005/03/07/nothing-like-it-on-planet-earth---robert-friedland "If we have Bronze Fox and Oyu Tolgoi today, and we were just starting the exploration process, it's not at all clear to me that we would screw around with Oyu Tolgoi. The surface manifestations of gold and copper and the aerial extent of the surface manifestations of gold and copper at Bronze Fox are literally keeping us awake at night. We will begin the drilling of Bronze Fox in early April, and we have very fond hopes of doing it yet again." Interesting situation, which as Robert Friedland said is almost keeping me awake at night :)
Bullboard Posts