surely this must be a buy?, page-8

  1. 9,379 Posts.
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    All the downrampers have come out to play.

    The market sensitive announcement of the new pictorial clearly states...

    "including well over 100,000 tonnes of high-grade native copper ore" P21 for those that missed it!!

    That is the sort of imformation the shorts do not want public.

    The shareholders were in this area that graded low averages, yet we, again quoting from the pictorial....

    "collect native copper pieces to take away with them"

    None of you understand that the JORC totally underestimates the NCu. We were standing in an area of 'officially' low grade, yet it was clearly high grade with lots of native copper.
    Look at the pictures and the pile of NCu ore on p22, look at where the diggers are digging on p1, it is the high grade ore that we were looking at, then read what it states on p1

    "The high grade native copper zone returned grades of up to 58% Cu during resource infill-drilling, and the upper levels of these zones are currently being mined in the LM1 pit."

    I'll stick my average of 10% for this 100,000 tonnes in the stockpile, and not be surprised if we average it for 6m tonnes of ore.
 
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