SPQ 14.3% 0.8¢ superior resources limited

Ann: Strong mineralisation, substantial porphyry potential at CC, page-157

  1. 1,893 Posts.
    lightbulb Created with Sketch. 80
    Cockie Creek is 13Mt @ 0.42% grade) (JORC 2004), which was established over only about half of the known strike of mineralisation at surface and only to shallow depths.

    Current program indicates that strong copper mineralisation continues for a significant distance beyond the external boundaries of the historical mineral resource. In places, the width of the Mineral Resource area has been demonstrated to be up to 40% greater than historically reported. This will have a significant upgrade effect on a remodelling of the historical mineral resource.

    Opinion only 40% increasecat same grade 18.2mt with multiple ip targets yet to be tested.

    The problem with spq is not finding copper. it's impatient retail.

    Top 20 own 36%
    top 40 own 45%

    Then you have kots of retail with 100,000 shares or less the sellers imo evident in broker data.
    https://hotcopper.com.au/data/attachments/5585/5585841-8844f39087b357a44ec8afa1cdbc4949.jpg
 
watchlist Created with Sketch. Add SPQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.