Slacks,
much appreciated.
Simonhhh,
it has the potential to be a multi-bagger but we will need to see copper at depth and across its strike. We do know, however, that there is copper and it is probably a classic supergene blanket over a porphyry system.
How deep and wide...that is the million dollar question.
One can be rest assured that Ivanhoe and gang will be watching...do remember that this is Mongolia and as such, the Chinese are just around the corner. If things pick up, the junior will need a capital injection via offtake agreements and/or farm-ins.
My investment horizon on this is till the next drill results and i will assess once more. Meanwhile, the traders will play their games and i am happy about that because it provides liquidity. Eventually the market will gather itself and start buying for the next move.
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