many don’t understand sedimentary copper system. It is not so common as
for example like Ruby creek(Alaska, [email protected]% Cu ), the super giant one in Siberia, most of sedimentary copper systems shows shallow, from surface mineralization with high grade.
and you go down to 250-350m, you get the giant.
infill is just infill and I guess the market was disappointed that the news wasn’t that they were waiting for which was the deep hole assay.
it’s crucial to understand what the management is trying to achieve here though, the deep sleeping giant.
it’s proven to have very high possibility of deep giant copper system and has much similarity to other giant sedimentary copper systems in the world, the weather might be much better in Canada than Siberia or Alaska.
we have a long strike, we even hit copper with blind drillings confirming it’s regional mineralization.
near surface is cheap and effective and surely will be a great stepping stone to free carry the possible underground mining, but our ultimate goal is to find out what’s sleeping underneath first.
hold till we know what’s sleeping underneath will be a smart bet IMO
- Forums
- ASX - By Stock
- AW1
- Ann: Bonanza Copper Hits and New Discovery at Storm
Ann: Bonanza Copper Hits and New Discovery at Storm, page-291
-
-
- There are more pages in this discussion • 223 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AW1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $51.81M |
Open | High | Low | Value | Volume |
9.6¢ | 10.5¢ | 9.5¢ | $262.7K | 2.656M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 925372 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 118843 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 913372 | 0.100 |
2 | 90331 | 0.099 |
3 | 386463 | 0.097 |
1 | 2200 | 0.096 |
1 | 9947 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 118843 | 5 |
0.110 | 469089 | 3 |
0.115 | 270000 | 2 |
0.120 | 208000 | 3 |
0.125 | 222080 | 3 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
AW1 (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online