Dear subscriber,
Very quietly but convincingly, Kutcho Copper is progressing its high grade copper-zinc Kutcho project in British Columbia, Canada. Despite the current negative commodity sentiment, Kutcho managed to collect C$4.14M in the market, and received C$4.8M from Wheaton Precious Metals, adding almost C$9M to the treasury. This money will be used for resource expansion drilling and FS work, ultimately resulting in a FS in Q2, 2019. With strong economics and powerful backers, I don't really follow the already large but increasing gap between market cap and project NPV. Read more about it here:
Kutcho Copper Closes C$4.14M Financing, Receives C$4.8M Advance Payment From Wheaton Precious Metals
Regards,
The Critical Investor