Interesting to compare the neighbour big find and RBore Discovery,and what has transpired for each find in early stages.Noted Same SOIssue for each Co.
A Discovery hole was found May/June 2009, started with Visible report of Cu, followed by a report Analysis July09 (8m @ 27% Cu), this and subsequent news propelled that company's SP from 10c to >$4 in 6 months. Co Reported quite heavily during that period and completed a lot of drilling.
THX Discovery hole early Aug 2010, 17m @ 12% (Nice), lacklustre enthusiasm ,some minor further reporting grades, no real rush IMO to push this to the limit, some IP work , a few more shallow holes. SP ramped to $1 in weeks from mid forties, waning to 60c currently. The company noting neighbourly Cu was located at 500m depth.
I know there are other tenements taking precedent but IMO this places the prospect at 'RBore' lower in the pecking order of Excitement/ Potential.
Would love to be proved wrong in Feb 11.
DYOR.
red bore. 'discovery'.
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