SUM 5.45% 26.0¢ summit minerals limited

Rediculous mate, WA1 has only scratched the surface of their...

  1. 10,619 Posts.
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    Rediculous mate, WA1 has only scratched the surface of their ground in West Arunta.

    They have already posted (today) ~50 m tonnes of high grade ~2% Nb2O5 worth ~ $50,000 /tonne, That's equiv to $US 50 billion (value of mined and refined) - and you say 'remain in the ground' ??
    Anyway that is the shallow extent of the deposit, they have not even drilled out depth on any hole - doh.

    Mate, with respect, on that subject you talk too much and dont do enough research.

    However, I still firmly agree with you that SUM could easily exceed WA1 - Equador is only one of the acuisitions, and nothing to stop Gower from buying up even more when he is confident of the value.

    Cheers.


 
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