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KCC, KINCORA COPPER LIMITED
nipper
post Posted: Jun 5 2021, 05:32 PM
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Posts: 9,152
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In Reply To: nipper's post @ Mar 30 2021, 11:42 AM

Kincora Copper debuted at the end of March following a heavily subscribed IPO. After initially targeting $8m, the company quickly upped this to $10m and received bids for many multiples of that from recognised local/ international specialist resources funds, family offices and retail investors.

Kincora has multiple drill rigs at work on its flagship Trundle project in NSWs prolific Lachlan Fold Belt. Initial drilling activities began in April last year at Trundle, which shares the same mineralised system as the Northparkes mine , Australia's second largest porphyry mine hosting 4.5 million tonnes of copper and 5.5 million oz of gold.

Kincora shares are up 50 per cent on its 20c IPO price.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Mar 30 2021, 11:42 AM
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Posts: 9,152
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In Reply To: nipper's post @ Mar 29 2021, 12:24 PM

listed today .... so far, in the positive side, trading 24c to 25c



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Mar 29 2021, 12:24 PM
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Posts: 9,152
Thanks: 2749


Kincora Copper Ltd (KCC) has corporate offices in Vancouver and Melbourne and is listed on the TSX Venture Exchange under the ticker symbol KCC and is seeking a listing on the ASX. This will happen tomorrow with an additional $10 million being raised at 20c a share.

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Kincora Copper is an active explorer and project generator focused on the discovery of world-class copper gold porphyry associated deposits with the near term ambition to become the leading listed pure play explorer in what the Company believes is one of the most significant gold rich porphyry regions in the world, the Lachlan Fold Belt of Australia.

Over the last year Kincora has assembled a strategic and district scale position and project pipeline of early stage to advance walk up drill target projects in areas of the Macquarie Arc with significant exploration potential, within the LFB, in Central West New South Wales.

High priority drilling commenced in April 2020 and continues at the Company's flagship Trundle project within the LFB, with very promising copper and gold results after making an initial near surface discovery, with the first hole returning 51 metres at 1.17 g/t gold and 0.54% copper commencing from only 39 metres depth.

The Trundle project is situated in the same minerals complex as Northparkes, Australia's second largest porphyry mine, and is the only brownfield porphyry project held by a listed junior in the LFB.

Kincora's exploration model applies a robust systematic approach utilising modern exploration techniques supporting high-impact, value add programs underpinned by targets with strong indications for world class scale potential.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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