Well done jaygee2727.
Quite often the sp of company will rise on speculation during drilling and after the drillers have witnessed what is in the core. Funny about that!
I have no idea what the recent drilling has revealed but I am not expecting bonanza grades for the reasons I have alluded to. I do hope however, that they are encouraging enough to provide confidence for the next round of drilling.
I am hoping that the next drilling and down hole ems will prove up what we are all suspecting is down there.
The near surface Cu grades at The Cup with leach recovery rates of 97% appear to indicate the potential for a very cheap to operate leach process with effective grades well above what has been reported.
This probably would not involve a PFS; BFS Nor a jorc rating. Therefore it would likely be an inexpensive simple operation leading to great cash flow with low costs of production. We will find out the economics once more detailed drilling is completed.
The Ni prospect is very exciting and again, I am hoping that the early indications are that we are close to a jackpot.
As I said, from my perspective, this Company is definitely a "buy and hold" as I anticipate a substantial re rating once all the factors are determined and certainty is established.
The timing for me is not that important. However, getting it right is paramount.
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Well done jaygee2727.Quite often the sp of company will rise on...
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Mkt cap ! $11.03M |
Open | High | Low | Value | Volume |
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2.8¢ | 1250000 | 1 |
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No. | Vol. | Price($) |
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5 | 711883 | 0.026 |
4 | 485000 | 0.025 |
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Price($) | Vol. | No. |
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