High Grade Resource Expands by 33% at 3% CutoffThat's after just seven or eight months drilling. And the high grade resource continues to expand. I suppose this will eventually come to an end, but for now it keeps growing. K-K will become the biggest high grade copper mine on the planet. Shares are way undervalued, under any scenario.
Don't know about the "specific assurances" from DRC. This is all taking place behind closed doors. The Company can't say much about the talks. The new mining law is now THE law. Kabila didn't send it back for revision, which he could have easily done. It has occurred to me that this could be part of a negotiating strategy by the government. Demand the moon, then grant concessions. I'm not there, so it's all speculation. The industry seems to have a joint strategy going forward, and I'm sure IVN will make the best decisions concerning the project. IVN has faced the exact same situation before in Mongolia. In fact, it was worse. And they were able to obtain remedial action from the government.The overall message seems to be full steam ahead.