re: Ann: Visible Copper and NIckel Mineralisa... could someone...

re: Ann: Visible Copper and NIckel Mineralisa... could someone help me please and guide me thru the copper maze


last week MEU come out with some rockchip samples on there project in S.AUST called durkin the market loved it and pushed the stock up +400% during the day open at 6 hit 29.

But the thing that caught my eye was the copper reading of
175ppm, they also used the XRF machine and it produce a reading of 654ppm.
Now when you compare there reading against NTM wounded knee project, NTM copper reading returned a very healthy 500ppm over 12 samples and some grab samples returned copper values up to 34.8%.

MEU
has 158mil shares on issue
market cap of 28mil
cash in the bank at the end of las qrt 2.2 mil
7 projects

NTM
109mil shares on issue
market cap of 5.5mil
cash in the bank end of last qrt 1.1
2 projects

my question is we have two companies one is trading at 18c the other is trading at 5c why is that so? you can't say MEU has more projects on the go because before they come out with the durkin annoucement they where trading at 6c, meu took of like a rocket and ntm did nothing, i would appreciate anyone thoughts.

cheers