BUX 0.00% 7.2¢ buxton resources limited

under the radar typically means undervalued. Because generally...

  1. 3,929 Posts.
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    under the radar typically means undervalued. Because generally if 1000 new people review the stock, it's not as if they sell if they don't hold. So market penetration does drive price action a fair bit.

    but yes size/scale were a ? now it looks like it will likely extend in size. the met work will also give a first and preliminary understanding of whether they can hit cspg guidelines. managed to get 99.2 and 99.8 with the simplified process so now seeking to understand if they can hit 99.95+.

    in additional the Cu price is moving along fair rapidly above the $4/lb mark. copper wolf has 286mT @ 0.83% in Buxton tenure. that is 23Bn usd in ground value. if the diamond drilling can expand that resource above, below or laterally it begin to strengthen the case of it being economically viable. Located in Arizona amongst other globally significant resources it's a serious potential. especially if the Cu price keeps rising which with demand curve people expect it to. these large deposits are starting to run thin. Finding some resources around the already known ore body can pivot this from just being 23Bn in ground value which is uneconomical to mine, to something that might make it worthwhile to someone like IGO, BHP, RIO to take a look at it.
    bux extremely cheap at 12M EV with a couple of advanced developments and free carried exploration.

    SF2TH
 
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7.2¢ 7.2¢ 7.2¢ $2.621K 36.39K

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