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16.7%

0.5¢ castillo copper limited

Ann: Massive Sulphide Mineralisation Drilled at Cangai, page-26

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mick z

7,874 Posts.

109

07/02/18

15:57

Post #: 30892735
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Originally posted by ainsleym ↑

In terms of fostering credibility, as opposed to ending up with egg all over the company's face, the use of the term "massive sulphide" as headlined in the announcement is quite a gambit. CCZ I am sure is well aware that if this turns out to be underwhelming in terms of copper assays, management will find it hard to recover any sense of credibility. Okay, they have covered themselves by carefully avoiding alluding to copper sulphide, but why would you headline the word "massive" if you even had an inkling there's nothing of value. I assume these guys are not dumb and are well aware of the heightened sense of anticipation the announcement headline has made, albeit not reflected in the share price reaction. I continue to hold, am not in the mood to sell, but not topping up either. Comfortable with my current holding and the fact I have a modest position, which potentially could multi-bag.

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"Massive" is a term of phrase for copper sulphides and nickel sulphides, the company is not miss leading you.

cheers

CCZ Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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