RE:RE:Re 40% and countingnofluff wrote: That was bigger news than the permit. More news to follow. It was stated before that the purpose of resource expansion was to justify mill expansion. More news to follow. So 800 million new pounds plus a bunch of moly. That should be at least 50 cad cents insitiu value for 400 million to mc. Market squeezers will try to hold it down while they shake shares out. When mill expand news hits, tko should keep heading for 5.00 cads. Flor permit should add another 3.00.
So tko heads for a tripple bagger by 2022 year end. Not like an inomine 10 bagger. But quute good.
nf
Florence Copper is supposed to be 80 mil. pound for 20 years.
This announcement is equivalent to half of Florence. It is in a permitted and running mine. If they can increase output and efficiency, it could add a lot to sp now. I think the market is trying to process this.