Yes, Alacran has the potential to become a monster!
If, as suspected, the system is linked and underpinned by a porphyry Cu system, we will be in a seriously great position!
I think Oposura is really sound though. AZS is doing what they are good at: revisiting assumptions. They did it and found Cascada. They did it and found Mesa de P. etc.
The previous Opsura owner wasn't interested in the banded mineralisation between the concentrated deposits; lower % but we're talking about much higher metal prices. The fact is there is surface evidence of those deposits extending out.
We are doing a grid like drill program, this is serious stuff. But I've done some back of the envelope figures on that project, and with the room and pillar, and being Mexico, it's going to be cheap to mine. So Capex is going to be low. They are doing metallurgy work ...IMO it's lining up to be uuuuge....
JIMO. I've simply got to get off HC and do some stuff, will talk more specifically later.
Blimey, I'm like some kind of HC addict who's relapsed!
AZS Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
