NZC nzuri copper limited
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bargain of the year

  1. Fibonarchery
    12,525 Posts.
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    26/03/13
    10:47
    Post #: 11587134
    $4 million market cap with $1.2 million cash

    Fresh results
    46.1m @ 5.40g/t Au (includes 2m @ 93.45g/t Au)(!)
    23.62m @ 3.66g/t Au (includes 6.11m @ 8.52g/t Au)

    EV of $3 million.

    Not dissimilar from EAR's grades. EAR mc $17 million.

    Mineralisation remains open at depth and along strike
    A second drill rig has been mobilised to commence infill drilling at Kadutu on 50m spaced section lines.
    NZC Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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