re: Ann: Successful Private Placement and App...
picked up some yesterday slod today for a nice profit .but the strong buying made me buy and hold this time
.Copper Flats is a potentially very significant copper project on the WA / NT border • Ord currently holds tenements over an area of 5,866 km2 in the East Kimberley region of WA and NT. Applications submitted to extend area by another 1,000 km2 • Rock chip samples taken in November 2006 from various locations at the tenements contain percentages up to 42.5% copper. The Company started a drilling program in mid-2007 to determine the grade and style of the deposits with results confirming the potential but not finding economic size deposits • The project area has very similar geology and style of mineralisation to the highly productive Michigan Copper Belt (9 million tonnes Cu metal) and modelling of published and Company information has identified the areas with highest potential. • An extensive airborne magnetic and radiometric survey has been completed on 9 July 2009 covering 23,479 line Kms. Data interpretation to be completed in the next 2 months
2 months is olmost up. wich is
VAN Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held