Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in volatile AIM loser Kalimantan Gold (KLG) have been showing flickering signs of life as the company reports ‘visual copper mineralisation’ in the first four holes drilled at its Beruang Karang Main (BKM) deposit in the Indonesian portion of Borneo. Based in British Columbia and also quoted on the Toronto Ventures Exchange, the company received its key permit to proceed only a matter of days ago and says it hopes to take BKM to the scoping study stage during 2015, having so far established an inferred resource estimate there of 47 million tonnes with 0.6% copper, for 621.7 million lbs of the metal.
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