Great post GeoFiji,
This high grade result on it's own would have made me cautious and wait to see the next confirmatory drill hole, however the multiple broad +1% copper hits (which are actually quite good grades for a copper project in this price environment), have given me confidence that this is a high grade zone in a much larger system.
I made the mistake with Chalice not investing at ~$1 after its initial discovery thinking it had run too hard, knowing that it was the best drill result I had seen in my lifetime... I will not make the same mistake with this one. It might not replicate Chalice, but certainly $500m market cap is not unrealistic with a second hole showing similar high grade, and $1bill not out of the question if this extends at depth with grade half of what his hole produced.
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Last
52.0¢ |
Change
-0.015(2.80%) |
Mkt cap ! $91.12M |
Open | High | Low | Value | Volume |
53.5¢ | 53.5¢ | 52.0¢ | $191.9K | 362.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18315 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 2876 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6596 | 0.525 |
2 | 18319 | 0.520 |
1 | 19367 | 0.515 |
2 | 2982 | 0.510 |
1 | 10000 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 3317 | 5 |
0.535 | 1473 | 2 |
0.540 | 4734 | 2 |
0.545 | 4100 | 1 |
0.555 | 600 | 1 |
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