the sp has jumped these past 2 days simply on the rumour of a drilling start-up this week at Red Bore. looking forward to when the co. actually makes that announcement of an initial drilling campaign, just to also see when drilling is anticipated at the other tenement called Curara Well - along trend from SFR's finds.
SFR said last week that they are beginning a "major exploration push on a highly prospective 6km long corridor at DeGrussa which already contains four high-grade copper-gold deposits".
the distance from DeGrussa to the THX boundary seems to be about 11km.. so if SFR drill up to their own boundary line then that leaves 5km. distance to the Curara Well geochemical anomaly 1 & approx. 15km. to the magnetic targets. just gotta hope SFR keep finding new deposits along the way so that the area gets to be known as "Copper Mountain".
so, the sp jumps on rumour, hopefully confirmation of the drilling start-up at Red Bore pushes the sp higher again.
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