RE:Company in TransitionBottom line here is that KCC is no longer solely at the whim of the GoM. Mongolia has been a tough place to do business. Many investors will simply not buy shares in a company that does their business in Mongolia and as a result their share price has been suppressed. I had always held out hope that the GoM would get their act together but while they talk big they never seem to actually follow through.
Yes, Bronze Fox is still in Mongolia and I could never envision Kincora walking away. In fact I hope they still plan to return in the spring to drill a few more deep holes in search of the high grade feeder zone that I believe is there.
But now there are alternatives in a much friendlier mining jurisdiction. It should only be a matter of time until investors recognize that Kincora is no longer a "One Trick Pony".
Again, J.M.O.
Chipshot2