two from the parrotman, page-18

I keep reading Karmas post and I come out grinning,

The part about the mega deposit sits best out of all the info. Unfortunately PM can't really go out yet and declare oficially that FNT are definitely sitting ontop of a mega deposit even though he and other majors are confident.

Its interesting about FNT's discovery holes compared to others. I'm not sure how freeport struck Grasberg, but Oya Tolgu is an interesting story. Its recognised now as the largest undeveloped deposit in the world. From memory, it was totally missed by BHP with its exploration. Ivanhoe claimed the area and enbarked on a drilling campaign. After drilling numerous holes with zip results they were down to the second last hole before walking away also. That hole struck good mineralisation. Since then RIO has come in as a major partner in a JV and Ivanhoe have made some easy money.

Its a shame that FNT have been punished in the last 2 months by an ignorant market, when FNT have performed brilliantly with the drill so far, especially when the deposit has potentially looked like a mega deposit, right from the beginning since the geochem, geophysics results.