copper bull very close to the money, page-9

i don't think anyone is excited by the 2% grades. copper bull's analysis pretty much covers it.

this is the problem when you set deadlines and then keep sticking to them. they had to get a JORC out because that's what they committed to and if they didn't the SP would be a lot worse than where it is now.

they'll keep drilling and that JORC resource will probably double IMO BUT they need to start hitting either copper over greater widths AND/OR higher grades - like 5% plus and some that are double digits for SP recovery.

still one of the best management teams around; they know what they are doing and even though i'm sitting on paper losses (as are many others) I'm happy to stick around.