Nice to see the new Squatter Lode coming up in the recent drilling, along with the deeper Lens 6 drilling at Eloise these guys just keep on finding Cu wherever they drill. This has been one of the few producing copper juniors to hold its value over the past year as the market seems to be convinced that these guys might make money even while a lot of other underground copper miners all go underwater due to escalating costs.
Not sure if its a rerate from the copper production or a bit of Aaron Colleran fanclub happening here, but if you had predicted that the only small underground copper operation with an improving AISC and increased production and profitability in 2023 would be Eloise I would have thought you were crazy.
You only have to look at the performance of some peers such as 29M, AIS, AMI, AR1, CYM, HRR, NCZ, NML, RVR, TBA, TNC to see how pear shaped things can go in the last few years.....
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