Evening all,
As I was monitoring the SP of ICG today I noticed there was new information from yesterday (NEWS dated: 25-2-13) under the NEWS tab on my COMMSEC account on my iPhone. from what I can make of it, it seems positive
Any Geos or other traders make any sense of this:
December 2012 Quarterly Activities Report:
"""Inca Minerals provided its December 2012 quarterly activities report, reporting drilling discovery (post-December quarter) of sulphide bearing monzonite porphyry below breccia pipe 8 in first hole. Monzonite porphyry begins at 380M and is open at depth >500M EOH. Monzonite Porphyry is brecciated and contained disseminated, vein, blebby and massive sulphides. Rock chip sampling of new breccia bodies discovered in close proximity to breccia pipes 8 and 10 returns high AU, AG and CU results. Significant intersections include:
11.25g/t AU
26.1g/t AG
0.25% CU
2.99g/t AU
4.4g/t AG
2.25g/t AU
25.7g/t AG
0.502% CU"""
Firstly, I know some/most of this information may have been disclosed already, but I was not 100% sure so I posted it anyway.
having only a basic understanding of grades and minerals, can someone shine some light on these results for me!
Happy Trading,
-Kobe
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