Australia's largest stock trading and investment forum Australia's #1 stock forum

SPQ

Click for more information

0.00%

0.9¢ superior resources limited

this answers my question too.. thanks mode .. I'm actually...

First 67 Last

Share
Profile

Follow
Amnesiac1

565 Posts.

80

02/06/22

13:25

Post #: 61779652
Share

Originally posted by mode1971: ↑

Copperspots, agreed. What Spq has starts close to the surface and goes down plus 600m.

Based on future copper defects and higher cu prices what spq has is viable to mine already on grade.

The next holes west if same or better should yield a deposit greater than 200m tonnes of minables.

200m deep by 600m x 600m if they replicate and worst case.

If this is the edge of a porphyry next holes should be 2% cu atleast.

Companies like rio will be on the hunt for tonnage, and it maybe right next door to them by the end of this year.

As you say Vale is viable at 0.15% cu, Spq is 0.22% and not even within the richer portion if there theory is correct.

Today's hole proved 600m plus mineral exists. Today's hole would only have been bad if it was barren.

Remember this is an indicator hole and a dam good one.

On the outer zinc exists, in other areas very high gold levels exist.

Expand

this answers my question too.. thanks mode .. I'm actually a bit surprised the market hasn't got a bit more excited over this .. what a find !!

SPQ Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 101 more messages in this thread...

First 67 Last

Add SPQ (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $18.01M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$40.11K	4.453M

Buyers (Bids)

No.	Vol.	Price($)
1	973168	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	1117932	7

View Market Depth

No.	Vol.	Price($)
1	973168	0.009
15	5896301	0.008
9	2266584	0.007
3	1440000	0.006
2	376009	0.005

Price($)	Vol.	No.
0.010	1117932	7
0.011	2970180	5
0.012	3891974	5
0.013	1001546	8
0.014	1059222	4

Last trade - 13.25pm 06/05/2024 (20 minute delay)


Last 0.9¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
1.0¢	1.0¢		0.9¢	2120000
Last updated 13.23pm 06/05/2024 ?

SPQ (ASX) Chart

SPONSORED BY