Kodiak Copper (KDK) - Copper Porphyry Shows Early Promise
Matthew Gordon, Ptolemy Capital
6 Months ago
This is a quality management team. Highly experienced.
Kodiak Copper has had a strange couple of weeks. The market got very excited about their initial drill results. The share price shot up from c.C$0.50 to over $3.15 in a matter of days with interest from retail investors. The latest drill results are also good for a copper porphyry, but it seems the market wanted more so the share price has dropped back down to a still very respectable c.$1.67 ish.
Institutional investors seem pleased though, as they should be. Porphyry's tend to be very large mineralised ore bodies and need work to be understood. Tornquist is clear, it's still early days. More drill results should start to paint a picture of what they think they have. They are capitalised and have a process that they are following. Copper is getting exciting again and 2021 should see renewed interest from more retail investors. Potentially Kodiak has the leverage to get copper investors excited.
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.