Ann: Copper-bearing Porphyry Discovered at Nankivel-IVR.AX, page-4

So weird the share price response to this great news has been really weak, management drills an expensive high risk hole when you hit you would expect a boom in the price, I though this would go for a decent jog it deserves to.

As for the hole there will be gold in this one, but it will be copper first, they describe it as copper gold every time, they would have been scanning they know whats up.

Positives:
1.For a porphry it's not deep, starting 200m below surface big tick.
2.It's thick 400m.
3.It looks to be gold and silver bearing, if you get a decent little gold credit over the entire 400m it helps alot.

Not positives:
1. Grade grade grade I have seen alot of uneconomical porphyry hits in my time some 800m long, until assays hit the table you just don't know.
2. Copper right in there with nickel as probably the deadest sectors right now in exploration, especially with tgs shitting the bed this morning, copper is a tough sell right now.