coverage

Just got coverage on the next small cap, should bring a lot of interest into the stock as seen by price moving up significantly.

http://www.nextsmallcap.com/bhp-circling-micro-cap-neighbour-to-drill-mammoth-targets/?utm_source=SD&utm_medium=EDM&utm_content=20140207&utm_campaign=CXO-MA1

BHP Circling… Micro Cap Neighbour to Drill Mammoth Targets

Olympic Dam – you might have heard of it?

BHP’s prized multi-billion dollar mine site in South Australia?

The monstrous mega-mine that spews out copper, uranium, gold and silver – it’s in the newspaper nearly every day.

One tiny $3 million explorer has just identified IOCG drill targets next door to Olympic Dam… right under BHP’s nose.

“IOCG” stands for Iron Oxide, Copper and Gold – an IOCG deposit is a type of metal deposit comprised of intertwined iron oxide, copper and gold mineralisation. These deposits are known for their highly valuable concentrations of minerals and can lead to giant mines – like Olympic Dam.

As well as BHP, this junior company is surrounded by multi-billion dollar, multi-national mining conglomerates.

We are talking Rio Tinto, Fortescue, Oz Minerals, Vale and Teck.

Not only that, this microcap prospector has a real shot at discovering a significant silver deposit in outback Australia in the coming months.

High impact drilling in the Northern Territory is just around the corner, at one of the most exciting silver targets we have ever stumbled across.

In just one of many prospects, this company boasts surface silver assays of 4.5kg per tonne (at current prices, that’s the equivalent of 70 grams / tonne of gold), and 10% copper. Add to this a swathe of other potential targets over 20 tenements comprising 2,000 km2.

We were thoroughly impressed when we first came across this little explorer’s high grade exploration results, and other projects surrounded by multi-billion dollar, multi-national mining conglomerates.

Then we checked the market cap… we were expecting something much larger.

This explorer, rubbing shoulders with the world’s most powerful mining giants, drilling in weeks below impressive surface results – is currently valued (or should we say undervalued!) by the market at just $3 million.

At first we thought it was a typo!

And to top it off, it’s all steered by management that drove another microcap silver explorer in the same region to a market cap of $70 million.

The Next Small Cap is proud to introduce:

CXO_010

ASX:CXO

CXO are a tiny $3 million exploration company, with prime tenements in highly prospective areas of both the NT and SA.

There are two key catalysts for CXO investors to look out for early this year:

Drilling in the next few months at the Blueys Prospect at Albarta, NT – this is the big one for us, and it’s happening soon… stellar silver grades of 4.5kg per tonne silver, and 10% copper at surface… imagine if drilling discovers “grades at depth”?
BHP’s imposing IOCG discovery at Roxby Downs – CXO have released drilling targets next door, and the mineralisation BHP found may well continue into CXO’s tenement, only 10km away.