the grades look generally pretty ordinary. Compared to what Mt Isa Mine has 3% to 4% copper, 2.21% and 1.7%. Factor of 5-10 better and grade is king.
"...the Northern 3,500 orebody to maintain rated capacity by supplying 5.3Mt ore grading 4.5% Cu over 11 years, starting in late 2006." HMX needs ti find at least one of these or the pies will go cold and the beer warm and flat.
HMX Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
