Hi Zachary,
like you said CDU has a measured and indicated resource of 97.9mt @ 0.96%Cu (0.40% CoCuAu cut-off) Market cap of $640m
BTR has an inferred mineral resource of 87mt @ 0.94% (0.50%Cu cut-off) with the recent results will definately improve. BTR current Market cap $200m
Things are stacking up very well for BTR because they have the 39,9% stake in the Perkoa Zinc project partnered with Glencore, target for comissioning Q2 2012 (silver and lead production also being looked at). Glencore will not only manage and construct mining operations but they will also be a purchaser of zinc concentrates.
The other interesting thing to note is that Glencore holds a 13,04% stake in Blackthorn Resources.
This story is no way near finished!
DYOR
the new citadel resources, page-19
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1.8¢ |
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Mkt cap ! $128.3M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $27.00K | 1.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 16112325 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 5977790 | 11 |
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