It seems to me that this a pretty good bet. 19M market cap, and the market cap. is less than that is was when they had drilled no holes, and now they are reporting copper mineralisation in three holes, with one hole containing >400m mineralisation with bornite. You would expect that given the information in the company presentation, some intervals of the drill core will come back with decent copper grades.
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- Ann: CHK Investor Presentation - November 2020
Ann: CHK Investor Presentation - November 2020, page-13
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