**384 metres gold/copper intersection! , page-18

re: ** takeover bid in - .64 cps Subject re: ** takeover bid in - .64 cps
Posted 25/05/05 08:24 - 55 reads
Posted by Ripsnorter
Post #603711 - in reply to msg. #603607 - splitview

Should throw the spotlight on other copper explorer/miners as well. Exco has excellent deposits in QLD and is still finding more. Copper has still got a lot of life left in it, despite what the market thinks.

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Comment:
This bid is absolutely irrelevant for copper specs and small producers. If you are aware of the massive resources TYC has you will know they are world class. Not the sort of resources a five cent spec has.
This bid is trying to get them for a song. The value of the bid is equivalent to TYC's gold just being worth $11 per ounce - and that is Australian dollars. It's an absolute joke.