Landing an old copper mine which hasn't had the life sucked out of it is an amazing find. Not often you get diamonds in the rubble - if there wasn't a raging recession in 1990-92 then this could well be part of Rio's empire.
What I find attractive is BOGTF - buy one and get two free. Very simply, only one Jorc resource from drilling and two from re-hashing old data. This is a substantial saving and really sweetens the exploration upside to this evolving story.
Comps like ARV and AUM have market caps ranging from $30-60m which is indictative of where this stock can head as the news unfolds.
Ann: Supergene Ore Confirmed At Cangai Copper Cobalt Mine, page-40
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Mkt cap ! $7.797M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $2.528K | 421.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4423431 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 264402 | 2 |
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