Just spoke to a mate of mine who has been in the mining industry for over 15 years, Prominent Hill to be specific. And he said that this type of drill result is excellent and 7% copper is a lot.
He was saying that some mines have been known to go ahead even on 3% copper. Plus the depth of 166m is not to deep, possible pointing to an open cut mine.
I am holding at this stage. Lets see what happens.
closing price?, page-18
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