sgnificant copper find?, page-16

Well said rur, a little disappointing that the market didn't react the way we were hoping. I think the comments on this and the day trading forum highlighted to me what I believe is a slight misunderstanding as to the resource we have here.

For example, ddzx your calculations of the resource dont take into consideration the "tightly folded" nature of the source rock. Basically you get the host rock folding back on itself multiple times (the schematic diagrams in the announcement actually show this well), so we have multiple repetitions of the ore bearing units across the legnth of the deposit. Your equation doesn't take this into account at all and your 20m thickness you have used for the ore bearing thickness should be a lot greater. Cue next paragraph

Look back at the results from the 2011 drilling campaign where we got 170 odd metres at 0.55% Cu from 12m or something like that - a lot thicker than 20m. This is that repetition coming into play. It's my opinion that these latest boreholes helped to better identify the structure at depth and help loosely quantify the width and depth of mineralisation.

As far as grades go, they look great to me as far as bulk tonnage goes. Remember we have also had part intercepts as high as 5.5% Cu and up to 1.5%Au (could be off with those values but the announcements arent loading). The latest results have decent cobalt hits as well. It all points to a nice poly-metalic deposit if you ask me.

Just my 2 cents anyway :). I'm looking forward to the ride.