Okay, I'll say it another way. This looks par for the course when porphyry-hunting. I would be more concerned if the following was missing: 'Our geological interpretation indicates that the copper observed at surface, and in artisanal workings over a ten square kilometre area, is an expression of a potentially much larger copper-bearing mineralised system at depth'.
The fact that further work is already underway is a positive, more results to follow etc. I think the market has over-reacted somewhat, but concede that it is rarely wrong. Risky game this - all imo.
SLM Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
