Is the Market missing the bigger picture on CXO?, page-26

lF, in short yes. I believe deeper drilling results are due as we speak. CXO have played this perfectly imo. Always go for the easier, most economical targets first. Higher grades (we already have the best) & larger quantities almost always come with depth though not just as simple as drilling the hole that dreams are made of. A lot has to happen with approvals & from an exploration perspective, almost nightmarish procedures.
Team CXO have ticked all the boxes & hitting the "motherload" at depth is not beyond the realms of possibility, in fact i believe its imminent as we move forward.
Sweden's the classic example. They've been supplying io to Europe for many decades & going deeper continues to provide higher grades with greater quantities.
Footnote: As a boy, living by the bonnie banks o'the Clyde, we had guests arrive from Sweden in (what was incredible to us) a Mercedes. Just normal in Sweden.
CXO. WE WILL SUCCEED!