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Kincora Copper Ltd V.KCC

Alternate Symbol(s):  BZDLF

Kincora Copper Limited is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. It is primarily focused on the copper-gold discoveries in the gold rich porphyry regions of the Lachlan Fold Belt (LFB) of Australia. The Company projects include Trundle Project, Fairholme Project, Cundumbul Project, Northern Junee-Narromine Belt Projects and Southern Gobi Belt Projects. Its Trundel Project is located approximately 420 kilometers (km) west of Sydney and 61 north-west of Parkes in Central West New South Wales (NSW) and covers an area of 167 square kilometers. Its Fairholme Project is located approximately 440km west of Sydney and 45km northeast of West Wyalong in Central West NSW and covers an area of 169 square kilometers. Its Northern Junee-Narromine Belt Projects include three licenses, which include Nyngan, Nevertire and Mulla, and covers an area of approximately 1,739.5 square kilometers.


TSXV:KCC - Post by User

Comment by EnglishBayon Jan 20, 2021 2:20pm
77 Views
Post# 32335169

RE:RE:Mongolian Tax Issue

RE:RE:Mongolian Tax IssueI don't think the GoM have any chance of receiving this $950k tax grab. No legitimate legal grounds and a futile attempt imo. It is however, a pain in the neck for managment to have to allocate their time and some legal cost to fight it off. Things that are all better served on NSW right now.

It does make me happy that we are no longer operating first-hand in Mongolia for these exact types of reasons. Just look at the history of BS Rio Tinto has gone through with GoM over the years.

The somewhat soft initial drill results weren't enough to overshadow the tax threat news for some small investors on the day. Looking forward to deeper hole results and further assays sooner than later...the current $08 - $0.85 stock price (pre-1:3 split) is a sad place to lie.
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