RE:RE:KCC.V up. 26% Just today. I think it's too early to set a target price for KCC.
50 million O/S of which 85% of those are closely held by insiders, mgmt, institutions plus a few large retail holders.
Great land package in the South Gobi.
Preliminary work shows 2 highly prospective targets for drilling this season.
They have an accomplished team in place to advance the projects.
Like most Mongolian plays, over the last couple of years the share price has been beaten down more than most in the junior exploration business.
So where does the share price go from here? Speculation might take it up considerably from current levels and should the drills hit some good grades.....?
A few people came around today thinking it might be worth a look.
One thing is for sure is that we are still really early on with KCC.
J.M.O.
Chipshot2