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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Great post GeoFiji, This high grade result on it's own would...
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38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $66.19M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.0¢ | $52.74K | 135.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 102826 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 4592 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 102826 | 0.380 |
2 | 31000 | 0.375 |
4 | 152666 | 0.360 |
3 | 23729 | 0.350 |
1 | 100000 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 4592 | 3 |
0.395 | 6309 | 2 |
0.400 | 73221 | 2 |
0.405 | 938 | 1 |
0.410 | 99338 | 3 |
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