Agree, they halted for 'good' results, but deep and that's how the market reacted.
These are mineable UG widths. However, to build a mine you need min +10Mt @ 2% Cu. They do seem to have the depth, these VMS systems can go 2kms down (already some deep holes), the strike is slowly being proven along a 4km trend with many shoots. So what do they need to show? I think we need to see some thick hits +15m with really good grade +3% Cu and a few hits in the 7-10% Cu range to show the system has juice.
I'm not holding my breath due to the past halt, but so far this is proving to be a fertile system and with little drilling - odds state they haven't hit the best yet.
G11 Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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