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6.06% 3.1¢ thunderbird resources limited

Ann: Major New Copper Discovery , page-19

  1. Invest Egate
    7,376 Posts.
    lightbulb Created with Sketch. 745
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    08/08/11
    19:55
    Post #: 8791854
    Grades like these can easily push market cap >3 times todays $48m(?). Open in all directions, hitting heart of porphyry system soon with deep drilling.
    Other companies such as CDU SFR quickly multiplied their capitalisations from similar levels to 5 times as much, pretty quickly too.
    This is for accumulating. Not trading IMO.
    Very lucky for us otherwise it could have risen to 109c before entry.
    ie
    VAL Price at posting: 5.4¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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