A play on words, I am thinking of the bandits and what they said in the movie The treasures of Sierra Madre, great movie. The part where the lead bandit is asked for his badge, and he says what we need no badges. LOL.
The Red Chris deposit, as defined by the drilling to date, has dimensions of approximately 0.3km in width by 3.4km in length and 1.3km in vertical extent (Figure 2).Mar. 31, 2021.
Or 300 metres x 3400 metres in length x 1300 metres in depth.
We on the other hand are 350 x 950 x 825 metres .
So we are in my guessing game about 35% the size of RED Chris.
Newmont bought 70% of Red chris for $807 million, but Imperial had already invested over $650 million for the plant.
So there is a whole heck of a lot of calculations in the developing stage.
All i know is it is growing and TECK bought hard dollar shares at $1.95 . That is a good indicator of things that might be possible.
Why ? Either they extend the life of Highmont or they have too eventually close down in 2027.
So investing in KDK is extra insurance for them.