Drilling, liquidity, macro. Drilling is key. Sam Spring mentioned in his latest interview that they will definitely start drilling strategic targets at bronze fox "this field season". The field season in Mongolia is typically defined as mid-March to mid-November. Based on this, I would expect drills to start up soon in the next few weeks. Assay results from drill samples typically take 2-3 weeks following, so if all goes well there could/should be a defining news release by early December.
Meanwhile KCC is just drifting about on very meaningless volume. Down 11% today on <$5,000 traded..that day it went up ~70% in mid-July was from less than $10,000 traded...one small time investor put in a buy market order and there was no liquidity (i.e. no one selling shares) all the way up to $0.28.
There have been a lot of headwinds in Copper this year keeping the price down. Global growth issues mainly with China taking center stage in the US tariff war. If any deal is reached in the next 6 months or whenever this will be a big boost for copper. China is the biggest source of future demand for copper as their planned push for EV's and renewables continues to slowly grow. All analysts see a huge copper supply/demand deficit projected by 2021.
If KCC can prove some good drill results in their massive land claims, then this stock could turn into a gravy train over the next 4-5 years. Whether you bought at $0.10, $0.20, $0.30 is all the same if they can continue to overcome Mongolian hurdles and (finally) deliver decent copper results.