the Zambia copper belt
First it was HC "New Gold Find"
(been worked since 1928, 36 previous holes drilled)
The Olympic Dam ...IOGC
Now its "The Zambia Copper Belt"
Hype to find newbies
People accuse me of wanting cheapies
I believe others will say anything to make money
I.E. Zambia Copper Belt, Olympic Dam............................
No doubt Lucky could be one of the better properties
But here are the facts
Ken and Vale agreed on 20k(canadian) each year for three years
Thats 60k, Thats the price tag for Katx
But Vale will pay for up to 700k + of exploration
Katx gets 20% of the profit but has to pay 20% after vales 700k. (if they spend it)
A FS could cost 50 mil, 1 mil for Kat
This is a very long play. 3 to 5 yrsGood one, Yes if they find,
usfa found a good way to track Vales expenses through the claims Site..
You can watch what Vale spends every year as as indicator
first report later this month
(Lucky..Just keep throwing thing out there till something sticks)