Kincora Copper Ltd V.KCC

Kincora dipped under 10 cents

[martin95833]

Looking a bit worrying at this point.

I hope there is a good potential for the cup and handle to be fulfilled. They don't often show as failed chart formations.

[BueBoy]

Likely news next week should update things, but it will be a good few months before all the extra 16 holes are completed and reported in full. Then we will know what they really have. By that time they should also be listed on the ASX which will generate more interest.  Be interesting to know who took up the placing shares. $5.3m in the current market is pretty  impressive and whoever

[Chipshot2]

So the question is do we wait at $.10 or the mid $.20's? If the holes at Mordialloc come back dry, we stay at $.10 and wait for further drilling. If either of the Mordialloc holes show some decent assay results, we spring into the mid $.20's and wait for further exploration success. J.M.O. Chip