Ann: Copper Hill March Update , page-16

Correct a 50% increase in shares on issue to raise $8 million. When this was first flagged the SP went up 50% (19/1/10)
Management have a story to sell.


"A positive feasibility study will allow the sourcing of capital from China and, once the decision-to-mine is taken, CACS will source all necessary plant and equipment from China and within Australia. The SX-EW copper metal will be sold to CACS' associated companies in China. GCR will re-commence drilling at Copper Hill later this month. Mr. David Timms, GCR's founder noted, "The potential
Discounted Cash Flow of A$542 is equivalent to 59 cents per GCR share."

Its also worth reading the March 5th update in detail again.

I will chew this over the weekend.

Two other companies tapping me atm.

Oscar