Back from my 7 day stint in the sin-bin! Below is the post, mninus the expletives, that put me in the hole.
Please, go back and read the main announcement signed by the Competent Person ie geologist in charge of the program , and I quote
"A 15m wide zone containing 5% visible chalcopyrite mineralisation (copper) was intersected in
quartz sandstones at a depth of 384m."
Yes that's CHALCOPYRITE, the copper mineral, NOT 5% COPPER as some here are believing.
Chalcopyrite is only 34.5% copper content, and therefore
5% Chalcopyrite equates to 1.73% Copper!
AND, IT IS IMPOSSIBLE TO HAVE 40% COPPER, EVEN IF THE ROCK WAS 100% CHALCOPYRITE, AS CHALCOPYRITE CONTAINS ONLY 34.5% COPPER!
You are being hoodwinked. Please, take heed. The intercept is not 5% copper, but closer to 1.5-2% copper.
This thing will crater when the results are announced.
Insider trading, talking up results incorrectly on BRR. It all stinks like smelly smelly ...
BE CAREFUL
chacopyrite
34.5% Cu, 30.5% Fe, 35% S
http://www.minerals-n-more.com/Chalcopyrite_Info.html
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