AGC 5.36% 26.5¢ australian gold and copper ltd

$1 Party, page-20

  1. wbn
    446 Posts.
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    Just like to remind everyone when comparing sir/mei/ wa1/chn….complete different ball game…Cobar deposits are mainly vertical pods/ lenses that are generally quite narrow….

    if you want to comparison of what your dealing with…Ldr is a good start….you definitely want a bit of length of the deposit…5m true length just doesn’t cut it….

    Need some more results to add substance to the deposit otherwise it becomes to deep and narrow….uneconomic

    and the next time a CR is commissioned, AGC might struggle considering where the share price is atm…didn’t really support the new investors as such, hence the juicy discount….
 
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