Hey mate
Chalcopyrite is 34% copper in its purest form, so if we're seeing 5% of it in visual cores then you'd be expecting approx 1.7% copper, 3% calcopyrite would be about 1% copper, etc. As a result, I'd say any that appears as 'visual' in a core is something to rub your hands together for and grin until the results come back. Continuity / breadth then being the big question.
As for the next big influencer on share price I do agree with you - I personally bought in on the anticipation of what comes up from the 500m holes... we already have a resource banked for 200m depth, but if, as you say, things get BETTER below 200m then hold on to your hats / start greedy hand rubbing. If they stay constant down to 500m depth, continue but at a lesser pace. If we see little below 200m then I think we'll be back in the 30c area.
But.... that's where the order of play for the rhodium and iridium assays is nearly as important as the results themselves!
Should be a very interesting few months ahead. I'm holding a good chunk on the hope this is my next CNB / FFX
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Hey mateChalcopyrite is 34% copper in its purest form, so if...
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