Short Term trading Week Starting: 28 Nov, page-449

  1. 27,861 Posts.
    lightbulb Created with Sketch. 3379
    Have no idea about soon .

    But it's a case of lining their ducks up and shooting out the eyes of all the stale iron ore holders .

    I have a 6-12m outlook for significant rerate . Although the drilling in Jan should get the party started .

    After they get their first round of drilling - expect a road show to put this on the radar of gold - copper - zinc followers .

    Has legacy iron ore holders and DJ Carmichael CR at 0.3 to flush out.

    Keep in mind this mine was closed over two decades ago in a low priced commodity market .
    5 g/t gold 1.2% copper , not sure about the zinc but very high credits all round.

    tender for copper mine as well.

    The gift is they have the existing 6-800k oz in the mine, but are priced at a shell .

    Their earn in is 6m over 3 years but that would be spent anyway and who knows how many million Oz lenses they turn up by then.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.