More good news with this Monto deal. The Herberton area is highly prospective for a number of metals, including high-grade tin, and I was surprised that Conquest let it go. I guess they're fully committed with Mt. Carlton, Pajingo and Twin Hills. Anyway, some tin would certainly be a valuable addition to the mix for Kagara, and additional copper feed for Mt. Garnet is very welcome.
Metal prices down overnight, but long-term forecasts for 2012 and 2013 all seem very positive.
KZL Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
