A1M 0.00% 31.0¢ aic mines limited

Hi Skinny, yes, quite correct, 52c not 57.Also, yes, i guess I...

  1. 3,619 Posts.
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    Hi Skinny, yes, quite correct, 52c not 57.

    Also, yes, i guess I should technically change my HC sentiment when I sell a parcel, however I'm overwhelmingly bullish on this stock long term and sometimes have (very widespread) buy and sell orders sitting there.

    At the moment I'm a short term 'hold' while I wait to see what the Cu price does but long term I'm a " buy and hold for years".

    I'm not a fan of where the Cu price might be heading (way too difficult to pick that) but I am impressed by the jockey on the horse, AC.
    I'm also very aware that these ISCG fault-controlled lens systems around Cloncurry just keep repeating and repeating and repeating - and they travel down to the bowels of the earth.

    I also thing Swagman will be a winner. Assays haven't come back yet on the latest holes but they would have been XRF tested immediately to get a rough idea. I have no doubt that Swaggie will be yet another of these 2%Cu shoots that starts near the surface and continues forever downwards. And there will be more of these discovered.

    Jericho and Eloise combined have Ore Reserves of 5.6mt but Mineral Reserves of 37mt. With a forecast mining rate of about 1.1mt this mine has many, many decades of 2% life in front of it.

    A top shelf and a bottom drawer stock


    Last edited by bottle: 23/05/24
 
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