CPN 1.89% 5.4¢ caspin resources limited

Ann: Company Presentation, page-32

  1. 2,945 Posts.
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    CPN will have run handheld XRF over the core to give them nickel and copper. From the CHN data they can extrapolate potential PGE, and the historical shallow drilling shows PGE grades 1 to 2 g/t (and PGE is worth a bit more than gold). CPN already have ballpark idea of what they've got.

    A CR doesn't concern me, if we drop 5% due to profit taking and the results come back CHN-scale we're at $10 before you know it even with the additional 15% / total of 75m SOI. So few shares on issue & even less available for trading it'll go ballistic. And then there's additional geochem scouting over new areas.
    Last edited by RobThomas: 02/06/21
 
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