Ann: More High-Grade Copper Discoveries at Storm, page-218

No surprise there why it dropped so much. All the expectation and initial price rise was about the deeps. What's really annoying is how bad the original estimates of sulfide and native copper were compared to these lab results. Nearly no correlation. Estimated 10m at 1% native copper for instance in ST23-02 and nothing to show for in results. I know it's hard to make good modal estimates in low grade material but going to have to do better than that. Get that pXRF going to better use, channel the core if they need to but something as no one could estimate those deep results from those sulphide/NC volumetric estimates. Thunder was a good result but like most punters (obvious from the sell down) no one really cared about the shallow stuff. Maybe that sentiment will change over time if a truly large amount of contiguous, shallow zone copper is found.