They're going with what they have excellent geological control on, hence Ceibal is the obvious choice in terms of bang for buck per metres drilled if you look at the porphyry "ring structure " theory and most folks missed the importance of the recent regional geology "nest of porphyries " announcement. The understanding has shifted majorly with Ceibal being the key.
Miraflores is a breccia pipe and Chuscal sits on the outer edge of the porphyry "ring structure" so will need a lot more drilling to unravel. It will be BIG, but needs lots more metres to be drilled.
Happy to wait and see the news flow. No need to start jumping at shadows and more importantly let's see what the smart money thinks as that's what's gonna make folks money here.
LCL Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
