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comparisons, page-4

  1. 9,111 Posts.
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    Perhaps a bit too early yet for comparisons with just three half holes assayed less than 100m deep, the market is still waiting to see what vor has imo. Next few weeks will be pivotal for VOR sp with deeper results due at the same time as options expiry.


    The normal mark for a good porphyry discovery is ~1% copper equivalent (depending on depth, location, size and other factors), VOR would need to show this type of grade well below 100m to push into the few hundred M market cap levels. Normally the region of explorers with potential deposits to support medium to large scale new mines. If traders dont like the results then VOR will take a haircut back to into 7c zone quickly or much harder to ~5c from options pressure.

 
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