SPQ 0.00% 0.8¢ superior resources limited

SPQ Chart, page-690

  1. 32 Posts.
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    I agree Mode, it's there we just have to find it
    It seems Peter CEO believes this as well " Whilst the dacite porphyry appears to have contributed to some of the sulphide mineralisation, it remains unclear whether it represents the main mineralising event." - announcement 29/7/22

    Looking at holes 4 and 5, they are located to the northern aspect of the "high priority porphyry target at depth" figure 3 announcement 20/6/22.
    Even if hole 5 yields high grade copper/gold, would like to see another hole 90* to holes 4/5 running North South running through the centre of the "high priority porphyry target at depth" - there must be more copper/gold on this axis. It's there we just have to find it

    Is SPQ a sure bet? At $110M market cap, worth the risk? Copper porphyry is rare in Australia. Bearing in mind, RIO is next door and with the copper in demand BHP vs OZL, SPQ can be a life changing investment. Diversification of investment is safe but not necessarily life changing whereas concentration of funds into something that can 10-20x surely is. (best bet with money you can afford to lose of course)
 
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