LOL love the fact we both know not much about it.. typical DT thread style.
Anywho just did a little research as I was genuinely curious what I was invested in..
They have been hitting 2.5g/t AU, 2.5% Cu, ~10g/t Ag and 50% Fe over 60-80m hit lengths in a 100m x 100m anomaly.
This is one of 6 anomalies however the others haven't been drill tested yet so I'll just look at this one.
Average seam width of 70m x 100m long x 100m wide = 700,000 m3 of material, at 4t/m3 (standard hard rock density) thats 2.8mt.
At these grades its roughly 4.5% Cu equiv or 126kt contained metal worth ~$8000/tonne.. shallow too (50m depth beginning of seam). NPV would be 600mil over 10 years (60mil/year).
Not bad for 1 anomaly on 1 of their several projects.. of course this is very rough, not indicative of the real world economics and fluctuations. In fact I'd trust the trend far more than the above :P
