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3,646 Posts.
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01/06/12
03:06
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I really think the first thing VA need to do is to dismiss the KZL board.
Compared with HGO, whose MC is $170 million atm.
HGO: copper resource 32.8Mt at 0.8%Cu, cost 2.81/lb, 12Kt copper metal per year. debt $40M
KZL: copper resource 43.8Mt at 1%Cu, cost 1.91/lb, 20Kt copper metal per year. debt $90M
HOG going very well, but KZL in VA. What KZL's board did?
I just hope OZL can collect all of KZL's assets and kick KZL's board out ASAP.
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