re: gyno cology ....noddie
I have just been looking into these... Heres my short made optinion, feel free to dispute me!
after looking at that sample, and the information released on the 10th of july, I can't help thinking that the assay results will be good. So will everyone else... So i get the feeling that it is factored into the sp already. 120 000 tonnes of ore at 4.1 % means 4920 tonnes of copper, assuming it all gets converted. Ok, that leaves around 4900 tonnes copper. Lets get the wallet out, $7500 / tonne, thats approx $39 000 000 ore on todays prices.
Its not that great, is it?
Best case scenario, if there is more there at greater depths, that may increase, in which case I will kick myself, but at this point, not sure.
may watch this one v v closely.
GYN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
