Ann: MAJOR COPPER GOLD DISCOVERY 41m @ 4.1% Cu Inc 9m @ 10.3% Cu, page-300

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.

I'm loading up!