That would definitely be a game changer if you could find CU/Moly at a shallow depth. Actually, around 70% of the Kalman Resource is already open pittable and then the juicy, high-grade layers come underneath. Nevertheless - a 100m deep open pit is certainly more attractive than one that goes 300m deep. If combined with higher grades, that would really be a whole new story. In combination and at higher CU/moly prices, however, it is then clearly a completely different story. Well, we can dream a little.
I think we'll focus on Hardway first - there's actually a real chance of hitting "sulphides" there. That would be nice - a trading halt for "visible" sulphides sometime in the next 1-2 weeks. That would draw more attention back to HMX. In the past, such hits have already brought some movement into the SP.
Well, let's wait and see. Miracles usually take longer and we have not been spoilt by miracles from HMX in the last few years......I would say....
HMX Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
