BLR 0.00% 0.2¢ black range minerals limited

joke, page-27

  1. 2,496 Posts.
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    re: grades? Rio Tinto did some minor drilling in the area in 1990 and decided to look for easier targets. I don't know what the price of copper was back then and China certainly wasn't as resource hungry as it is today. My charts for copper go as far back as 2001 when the price was around $1500/tonne. It would have been a lot less in 1990. My point is that copper appears to be heading towards the $5000 mark. The point at which a copper mine becomes viable has changed considerably since 1990. A 5Mt reserve at 2.5% might be viable today whereas it would not have been in 1990. Or a 10Mt etc . You get my point. The target is to delineate a deposit of similar size to the Tritton deposit ( 14Mt at 2.7% copper) which is also located in New South Wales.
    PS
    please stop calling this company a dog and try wishing its shareholders good luck instead. You sound far more impressive when you stick to Geological terms.
    Cheers and move on. I'll let you have the last word as I know that you'll want to reply to this post.
 
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