THB 9.52% 1.9¢ thunderbird resources limited

Ann: Copper Result Alteration Signature Support P, page-32

  1. 12,484 Posts.
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    re: Ann: Copper Result Alteration Signature S... Just reading this report now. The hole started as RC and was completed with diamond tail (RCD).

    I do wonder what derailed this mob last year. Why does this core with porphyry alteration assemblages (the Holy Grail) that stand out like a dog's proverbials take so long to be news in the market?

    This is significant IMO, and the fact they've only jagged it in one hole is good from the prospectivity perspective in that it is highly unlikely they've hit the best of it. The market probably isn't going to get really excited unless consistently big hits are well north of 0.5% Cu. Given the possibility of depth, bettering 1% would be nice if there isn't going to be much in the way of secondary metals.

    Worth a play here, IMO. Perhaps the market isn't recognising the potential because of the distraction of the down pipe holes giving much better intercepts in comparison. So now they've hit this I'd suggest the pipes will probably be left alone and the story will be repackaged on the potential of how many tons can they find at an acceptable grade.
 
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