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clock Created with Sketch. 02/12/21
15:44
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Originally posted by JandJ
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Hi Mate, i bought this morning 300,000 @ 8.9c (ha ha I chose 8.9 because it gives a nice round average for her 600,000 holding.) IMO Peru was, is and always will be a dud for Inca. As you said today it is only worth a quarter of the same result in Australia, and here is Australia we have the best team of exploration geologists I have ever come across (Even counting STM's team under Malcolm Norris, I hold STM)we should only revisit other areas in Peru after success on Mt Lamb, Jean E, and MacCreek brings excess cash into the treasury. IMO they do not look like targets, but rather sitting ducks waiting to be shot.
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Peru is a dud? What! I think Peru is a good project from where I stand, except drilling in the wrong area is the problem and has proven costly to INCA and it’s s/holders. They will eventually hit it big in Peru. If Ross or Dr West didn’t think so, they wouldn’t still be drilling in Peru that’s for sure.
(20min delay)