@Evergrayeful
Well the way I see it is:
Copper macro is good
I want more copper plays
What copper plays are there at 11m MC on the ASX?
What sort of potential do they have?
The recent gains and the gains likely to come (and if they don't I will be buying more) are merely a function of this adjusting to similar MC's with peers. If anyone can think of a copper play this cheap that's actually doing stuff and has potential, please tag me over there.
I don't think it even needs 2% assays btw (though it would fly hard if it does get them, 50m+ as you say). Anything above 1% is considered high grade these days and even proving up a potential new economical deposit is going to be enough to get serious interest. There's just not that much copper.
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