I have copy/pasted a summary of the news of the last 2-3 months...

I have copy/pasted a summary of the news of the last 2-3 months (from Proactiveinvestors) and sent everything to on of my friends. His reaction was pretty positive. He was the opinion that the newsflow looks pretty nice. Okay...he doesn't have the full picture....nevertheless he was of the opinion that the SP must have gained substantially in the last 2-3 months. Well, we know that this is not the fact and that everything positive in this story is blinded out. I really wonder what would happen if the PFS after optimization was sufficiently se.xy to attract possible interested parties here. Complete blackbox at the moment.

Blackthorn Resources poised for Kitumba Resource upgrade
Monday, November 04, 2013 by Proactive Investors

Analysis

Blackthorn Resource’s upcoming Resource Estimation update will be central to optimising the Pre-Feasibility Study that should enhance project returns.

Given that it will include inputs from the Phase 7 infill drilling program that has returned results including 174 metres grading 5.04% copper from 240 metres and 243 metres at 5% copper from 208 metres, there is potential for a Resource growth and/or an increase in the Resource to higher confidence levels.

This is also expected to be reflected in the Ore Reserve.


Blackthorn Resources carves maiden copper Ore Reserve for Kitumba
Wednesday, October 23, 2013 by Proactive Investors

Analysis

With a maiden Ore Reserve now in place, Blackthorn Resources now has a high level of certainty to push development of its Kitumba Deposit in Zambia.

There is still room to grow with an updated Resource and consequently Reserve due before the end of this year that will include input from the Phase 7 infill drilling program.

Given that this has returned results including 166 metres at 7.1% copper, 174 metres at 5.04% and 243 metres at 5% copper, there is considerable potential for a Resource upgrade and/or a move of Resources to higher confidence levels.

This will in turn lead to an optimisation of the economic outcomes in the current Pre-Feasibility Study that should enhance project returns. In short, there are further catalysts ahead for Blackthorn in the coming months.

Blackthorn Resources ships first zinc concentrate from Perkoa
Thursday, October 17, 2013 by Proactive Investors

Analysis

The maiden shipment of zinc concentrate from the Port of Abidjan marks a key milestone for the Perkoa base metals project as production ramps up towards its name plate capacity of 1Mtpa.

This would contribute to the project becoming cash flow positive in the near term, which will in turn support Blackthorn Resources’ exploration at its Mumbwa Project in Zambia.

Further milestones include the production of silver and lead as well as the start of underground mining

Blackthorn Resources delivers further world class copper assays at Kitumba
Wednesday, October 09, 2013 by Bevis Yeo

Analysis

The final infill results from the Phase 7 Drilling Program at the Kitumba Project lend further confidence to the conversion of the Indicated Resource into the higher confidence Measured Resource.

An updated resource estimate is expected to be announced before the end of this year that will contribute to optimisations of the Kitumba development, with the Pre-Feasibility Study expected to be updated in early 2014.

Blackthorn Resources unfurls 166m hit, grading 7.1% copper at Kitumba
Friday, September 27, 2013 by Bevis Yeo

Analysis

The latest results lend further confidence to the conversion of the Indicated Resource at the Kitumba project into a Measured Resource.

This will contribute to optimisations of the Kitumba development, with a Pre-Feasibility Study updated expected in early 2014.

Blackthorn Resources’ Kitumba Copper Project study demonstrates potential
Tuesday, September 10, 2013 by Proactive Investors

Analysis

With Pre-Feasibility Study in place, Blackthorn can focus on optimising the Kitumba development and is expected to lead to a PFS update in early 2014.

Of particular interest is how the recent high grade intercepts from infill drilling would impact on its economics. These include 174 metres grading 5.04% copper from 240 metres and 243 metres at 5% copper from 208 metres.

Blackthorn Resources delivers 174m grading 5.04% copper at Kitumba
Thursday, September 05, 2013 by Bevis Yeo

Analysis

The drilling was targeting the known high-grade core at Kitumba, which one hole amply demonstrated.

More broadly, the program is delivering as per the resource model adding further to the confidence to convert the Indicated Resource at the Kitumba project into a Measured Resource.

Blackthorn Resources hits world class 243m at 5% copper at Kitumba
Thursday, August 08, 2013 by Bevis Yeo

Analysis

The blockbuster infill drilling result of 243 metres at 5% copper adds to the confidence that Blackthorn Resources has in converting the Indicated Resource at the world class Kitumba project into a Measured Resource. A Resource extension may also be included as part of this program.

Shares in the company could receive further kicks as more assay results as released in the lead up to the release of the Pre-Feasibility Study. Although the share price kick likely today is a good start.