zinc up - thanks to Glencore, page-4

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johnyb26

3,217 Posts.

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11/10/15

23:15

Post #: 16155100
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Originally posted by Early1 ↑

While some specs have hit the wall, CSD is planning for a long-term future.

9m @ 1.23% Cu and 0.12 g/t Au from 142m depth down hole including 4m @ 2.4% Cu

30m @ 1.03% Cu and 0.17g/t Au from 157m depth down hole

24m @ 1.25% Cu and 0.28 g/t Au from 201m depth down hole including 5m @ 2.79% Cu

They are damn useful intercepts and, with only 2300 m out of the planned 150,000 m for the regional farm-in agreement, which are yet to be even fully finalised with some results still pending (that's only 1.5% of the planned free-carried drilling program and excludes near-mine exploration), it's going to be a pretty damn BIG future.

Btw, I'd have to politely disagree with you, Yub. The announcement brings home the fact Wanguo are indeed on board, they are hitting expected targets, the ground holds significant ore bodies and management (although might have time-frame issues) are accountable and tell the truth. That's a big thumbs up from me.

Now bring on settlement, the DFS and more of those drill results please. Given sentiment looks to be changing, with commodity prices bottoming and the supply squeezes continuing, the futures so bright, I gotta wear shades.

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"Run with your winners, dump your losses. I think that is the trading motto.
Invest in tomorrow but choose wisely or you'll be coughing up blood!"
CSD Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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zinc up - thanks to Glencore, page-4

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