SOC 2.04% 10.0¢ soco corporation ltd

comparisons that support a signficant rerate, page-45

  1. 250 Posts.
    current value is about 1-1.5m ounces. As they do further infill drilling the resource may increase and then a range of 1.5m-2m will be next stop. In this market you cant justify drilling past 750m (200-250m open cut and then 500m block cave)The additional tonnage may come when they can get access to drill on top of each new target zone. IF they can get on top of the high grade and show it continues from surface to 600m then thats another story. In the meantime Australia is on holidays till end on January, so things should be slow everywhere.

    Enjoy the rest of 2013.
 
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