CDU 0.00% 23.5¢ cudeco limited

indeed - The resource was ramped on Hot copper leading up to...

  1. 46,709 Posts.
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    indeed - The resource was ramped on Hot copper leading up to August 2010 with almost a given expectation they would have 30mt at 3% copper grade in the highest confidence measured JORC category.

    At multiple AGM,s and in reports it was hypothesized that the released mineral resource was not a true representation of what was in the ground and there was a gazillion tons of missing copper washed away in the drill core sampling process.

    Well the missing copper is still missing and it appears they no longer hold any expectation of finding it !!!! apparently what is coming out the ground is in fact in line with what the JORC estimate says should be there - not 5% like SFR not 3% as hyped on hot copper but mostly sub 1% low grade chaff with some smaller tonnage of high grade .

    Well done to the newbies who are again "trading it 4 profit " but most long term holders are still bleeding badly -

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    Last edited by h00ts: 02/08/17
 
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