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Kodiak Copper Corp V.KDK

Alternate Symbol(s):  KDKCF

Kodiak Copper Corp. is a Canada-based company that consists of the exploration and development of base and precious metals throughout North America. The Company is focused on its 100% owned copper porphyry projects in Canada and the United States. Its projects include MPD Copper-Gold Porphyry Project, Mohave Copper-Molybdenum-Silver Porphyry Project and Kohuna Diamond Project. The MPD Copper-Gold Porphyry Project has approximately 226 square kilometers of land package in South-Central British Columbia (BC). The Company’s MPD Project consists of four properties, which include Man, Prime, Dillard and Axe. Mohave Copper-Molybdenum-Silver Porphyry Project covers over 10.4 square kilometers of the land package. The Company’s Kahuna Diamond Project is an advanced stage diamond exploration project located in Nunavut, Canada. The Company has also entered into a property purchase agreement to acquire an approximately 100% interest in the Aspen Grove Property.


TSXV:KDK - Post by User

Comment by Margin321on May 26, 2024 10:28am
113 Views
Post# 36057886

RE:Could this be

RE:Could this be Kodiak does not have access to capital to build out a huge mine. Or the operational expertise. They have to prove up enough high grade resource to jump start the opportunity for Teck to build a mine more quickly. Advantage to Teck is they do not carry the long exploration phase and those costs on their financial statements and they have spent relatively little if the resource is not commercial. Teck has invested twice and own a percentage of the company. In a way you can think of Kodiak as an early exploration affiliate of Teck. None of the other big miners has invested in Kodiak or owns shares. 
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