RE:NEWS TECK CORP TAKES 9.9% PARTICIPATIONSo Teck must have had people out on site before this, examining core and all of KDK's data.
Huge news, if KDK actually has the copper and gold goods, and can add some size to this deposit, like they said in the video other examples of proven copper/gold deposits have sold for $800 million and up. KDK has a small market cap still, with so few shares out.
More drill results coming, other targets on this property, and other existing copper mines in the area with similar or even lesser grades than what KDK has found.
Anyone who knows the Princeton area in southern BC knows of the highway that goes right by this property, such easy access to everything, other mines in the area, what a no-brainer if KDK actually has found something here. This is not a remote location, with no roads or access, far far up north. This is southern BC, not far from the US border, a few hours from Vancouver. Actually in between Vancouver, Kelowna and Kamloops.
I was heavily in DVI, then stayed for the first KDK copper drilling, then got out. Now I'm back in because with those drill results and Teck now involved, even at a higher priced they have a more proven story now, and still even a cheap market cap around what, $130 million Canadian or so??