Ann: Bonanza Copper Hits and New Discovery at Storm, page-239

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mixie

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05/09/23

09:54

Post #: 69732375
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Originally posted by drachir: ↑

It's not that the "the market" is struggling with the sedimentary geomentry at Storm which is plainly remararkable or simply stunning, but the
the scale and organization of the dump.

The real ssue is whether there is actionable conduct here as there are rules about rigging markets.
Normally it would be a matter of shrugging at typical every price dump, but in this case "white" has been ludicrously called "black" to such an extent thatt Hot Copper should step in and investigate the posters involved.

They no doubt wont as the posters have tried to be talke geology and sound semi-pausible, even though the comments flatly ignore:
a) the quality of managemen,
b) the Canadian capacity to handle Arctic conditions, the barrenness and the dryness of the air at Somset Island
c) the low cost of the quick start Direct Shipping Ore option.,
d) the short distance the coast for shipping andlonger ice free period due to global warming
e) the two levels of copper ore, both thick
f) the very unusual scale of the mineralised area which now could exceed 10kms
g) the fact that this is in a very low sovereign risk jurisdiction
h) the relative proximity to European smelters
i) the remarkable success rate of the drilling driven by the close correlation between ore and the aerial eletro-magnetic and gravity mapping

So despite the location and freezing temperatures in winter, the scale, the relative ease of mining despite or because of the location, the grade and the logistics are quite exceptional which is of course why the price saboteurs have colluded.

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HC mods are a complete and utter joke. Modding posts for extremely dubious reasons, while allowing blatant misinformation run rampant across ALL forums. I couldn't care less if they mod this for calling a spade a spade as respect for any moderations they make are zero, and if they do it will just prove my point..

AW1 Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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