Need to be very careful relying on in ground possible values and this is an example why. Not a ramp. I dont own the following share. A great company which some posters here know very well is BTR. Of it assets is one world class recently discovered 17.5 billion dollars in ground copper metal value with intersections of over 200 metres and over 4% copper and the market is giving it virtually nil value at the moment which may change on completion of a scoping study. Extensive proven drilling programs and massive Jorc obtained very recently. Company cashed up and has another world class asset supporting current SP.
Here we have (1) drill of 4 metres intersection nearly 200 metres deep with reasonable nickel and copper results. Second drill has nothing. Third is pending. I still maintain although the sp rose fantastically today, the info provided to date does not justify the rise. Still, the dollars made today are real. GLTA
SIR Price at posting:
45.0¢ Sentiment: None Disclosure: Not Held
