A bit of excitement here today. I had some HOR back when it used to trade in the 20's , with the odd straying into the low thirties, yes that is 20 whole cents.
I did badly then and gave up with HOR. But I bought back into today as the SP is much lower than it used to be and the drilling results look to be a bit better.
I was wondering if a copper bug call tell me what sort of value is in their current mineral resource. I know copper is much lower than the recent past, I assume it is a little over $5,000 per tonne.
I see the end of 2014 in situ-deposit as measured, indicated and inferred tonnes of copper are 18,000, 23,000 and 87,000 tonnes. For a total of 128,000 tonnes of copper.
This resource must be worth a lot more than the tonights doubled MC of about $6.8M.
So what's the go here.
Saltbus
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