In anticipation of drill result news coming in over the next few weeks, i dug out this table of current copper plays out there... lots of potentailly large low grade projects IMO... the numbers dont stack up given where the copper price is currently. They would need to have the perfect storm to make them work, plus, the finance world seems to be hesitant on these large capex mines.... Too much captical needed up front, with long return times...
Lets hope EVR get some decent high grade results with the added bonus of molybdenum thrown in....
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 819218 | 0.6¢ |
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Price($) | Vol. | No. |
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0.6¢ | 200312 | 2 |
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23 | 10916999 | 0.004 |
27 | 34086084 | 0.003 |
17 | 60287221 | 0.002 |
Price($) | Vol. | No. |
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0.006 | 200312 | 2 |
0.007 | 139392 | 2 |
0.008 | 2379609 | 7 |
0.009 | 1097343 | 3 |
0.010 | 1734073 | 3 |
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REDCASTLE RESOURCES LIMITED
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