NTM 12.5% 0.5¢ nt minerals limited

Ann: New copper discovery , page-14

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  1. 1,038 Posts.
    Sentabool

    I think you missed the significance of the announcement.

    RCP had relatively recently increased its tennemant holding in the Redbank region. These rock chip samples some 16klms away from redbank mine indicate a strong prescence of copper and indicators are that there are more breccia pipes in the regions that RCP holds. RCP may possible have breccia pipes across the whole 3700klm2 region which is yet to be explored?

    RCP's neighbours have been marketing their nearology to RCP as a positve thing for some time, this shows why.

    Now lets imagine that the igneous body is found not too far below surfance, if its the same source for all breccia pipes, we have a source that stretches out at least 16klm in length.

    I was suprised to see so much agressive selling today into the announcement.
 
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