Kincora Copper Ltd V.KCC

More Assay Results to Come Soon

[Chipshot2]

Yesterday we saw part assays from Holes 11 and 12. Mineralized sections of core from both holes were sent away for Priority Assay on or about December 18.

You may recall that Hole 12 was planned to be drilled to 400m but when they saw mineralization in the core at 400m they decided to continue on and ultimately finished at 581m. All we saw reported yesterday were the sections from the top 220m, so assays are still outstanding for those deeper sections.

I am hoping we see those results in the next 7 to 10 days if not sooner.

And 2 drills continue to turn. With every hole they learn more and continue to narrow in on the target they are looking for, the source of the skarn mineralization, a porphyry finger intrusion.

Chip

[BueBoy]

All you say Chip does not explain what is happening here. We have a high copper and gold price, good technical management based on past achievments, a tier one location, eyes on this from Canada, Australia and Europe, OK assays (not great so far but OK), and yet a third has been wiped off the market cap in less than 3 weeks. You can't only blame a seller. Volume recently has been low and all

[EnglishBay]

I agree on the cautious tone to not over-agressively add due to lack of larger buyer interest. They did recently announce the re-hiring of Mackie Research as market maker. I believe this is mainly to ensure it does not drop below $0.20 until they complete the ASX listing process. So until further news, I think we certainly see a floor there. If I were to "aggressively add" to my

[EnglishBay]

Well, I put a fishing order in early this morning at $0.21 (formerly $0.07) and got a nice fill courtesey of the ANON seller. Nothing crazy size-wise for me for an add, but with an active market-maker at work on the stock, (likely instructed to keep the stock price above $0.20 for ASX reasons) I am more than happy to add at a 30% discount to the insider ownership/latest round of financing. KCC

[Chipshot2]

I bought today as well, for all the same reasons. Now that $.20 has been achieved let's see what happens. Chip