Ann: December 2020 Quarterly Activities and Cashflow Reports, page-63

hi, i think this is a valid discussion at this point.@WhatLiesBeneath29 post is really good and highlights one of the key knowns of HWD004. We know the interesection is 362m and we suspect that it will have a reasonable Cu content. If we were to assume a % rate of around 1.5%, what would that do to the market cap? Hopefully others on here with good experience on exploration company market caps will be able to advise, perhaps this would be at least over 150m MC. a share price around 10c.
There are many other variables, but based on one hole with an intersection of 362m and some estimates to the % Cu content, we can probably get some reasonable estimates on the MC from other explorer comparison. Anyone care to estimate?

Some possibilities that throw this estimate out the window and give us a new ball game is if hole 2 shows a link to hole 4 and therefore a better understanding of the size and shape of the strike. Also any information that shows a link to the oak dam system. Both of these would multiply the MC in my opinion.