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sometimes HC forum is just shite ...but other times (like this)...

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bond00what

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25/06/21

07:12

Post #: 54058691
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Originally posted by Wack: ↑

Morning all.
It is getting close to the end of June where we meet and come closer to scheduled dates.
One date in particular is the maiden resource est as per the pic below.
We then move on to expand that with more broad exploration including the untouched Absolon.
Prairie Ck is getting close to gaining access and this could also get the blood pumping.

All references to date are to meeting or exceeding the IGR and here are some of the tables that we see included in our announcements but keep in mind that there is still limited drilling to date.

Now we can judge for ourselves just what we are to expect realistically with this update below with only 3 holes completed at that time. Visible copper to a vertical depth of over 200m with assay results due in July.
We are getting close.

Here is another pic from the IGR but note the footnote below that explains the pink and red colours and the significance.

Now this pic shows the prospects but keep in mind that Absolon could be a lot larger than the others by the expression of the anomaly. Cast your eye back to the above pic to red and pink colours again.

Now we come to how the copper demand is looking at present.
I Mr Middelkoop doesn't mind me sharing this.
The question for us is, "where do we stand in the current metal price cycle"?

In addition to that Glasenberg has this opinion of long term copper supply and the real lack of supply.
Even if the price was to rise to the figure in the comment below, Would we hav anywhere near enough copper production to meet the increase in demand that lies ahead of us?
We have a project here that is from surface and so far we have some good increasing depths.
I am hoping to be surprised at the results from the latest drilling and what we may dig up at Absolon and at depths throughout this project. So far I think we are exceeding the IGR but we will soon see by how much very soon.
Kind regards, Wack.

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sometimes HC forum is just shite ...but other times (like this) HC offers up some gold !
Great work Wack!

im just hoping the timelines are met - so many assays have been delayed (out of the company control)

DEX Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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