now what, page-9

V8 - i was writing a post on this matter yesterday and then gave up so in response to your question on grade, the point i was going to make is that given the photos and the last 0.48m high grade one is likely to be in the oxide - transition zone possibly where good UPGRADES ( enrichment) of both copper and gold can occur. the consistent long interval in the upper zones of 1-2% copper is encouraging - but still could be upgraded too. The tenor of the primary could be anything but lets hope it is at least around the 1.5% Cu mark. The market might well react downwards on such news, but in reality it should be seen as positive overall. However if they also drill along strike at the same time and aim for roughly the same downhole depths then additional similar high grades could be expected to be intersected - especially if this prospect has any real legs to it.

The IP target - well nice if it had come off but in reality it may have not a lot to do with the main zone mineralisation. This is a shear zone and its timing relationship to surrounding geology/mineralisation is unknown i suspect.

It is encouraging that they comment there appears to be some strike length to the workings on the strucute drilled and there is good wifths from hole 1. Not a real "classic" porphyry style but still could be related somehow - who cares so long as it haslength and width and the primary grade holds up.

i jumped in on the options for the moment to see what happens

hope that helps but again only the truth machine will tell us otherwise it is all conjecture!!