Now thats the cross-section we've been looking for. Handy little high grade open pit for cash flow but....
The deep stuff - 200m at 3% copper.
We're now transitioning from being a small high grade copper miner with some interesting targets to something that will show up on the radar of medium to large scale mining houses.
I'll give it a year before we're merged or taken over. Anvil will be too juicy a target by then - good cash flow, long term, low risk operations that would benefit from a capital injection (SW-EW plants and large scale UG ops). Solid market demand for the commodity.
Takeover price..... $2.30 to $4.
Good on'ya Bill.
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