Two months ago I posted the following in amongst other comments...
"The middle ground scenario is that they find some encouraging signs, nothing valuable by itself, but something warranting further investigation. The sheer size of TUR, means that it could take a while and a lot of money to drill enough holes to understand it properly.
Back on the R/R basis, it costs 4.7c to have a hand in this exciting game, well worth that to me. I'm in."
This is where we are at. I would say very encouraging signs. They have found copper in the first hole, then over 3kn away found disseminated sulphides and massive sulphides. The next hole is nearly 6km away from dd2. The distances apart are mindblowing for an anomaly.
There couls easily be several world class deposits between these holes such is the scale.
Nobody seems to be concentrating on the downhole EM they will be undertaking in the next week or two. It could easily show that they missed the main part of any conductors and will certainly turn up some better places to drill.
My limited understanding of the geology tells me there is copper associated with this anomaly. That is all I need to know to stay in. In other threads there are some who are waiting for definative results before they invest. They are probably giving up most of the opportunity by waiting.
To me the hardest part will be keeping my holding and not in being tempted to take the large profits too early as the price rises. To me Fridays announcement took the 'gamble' out of this, it is a matter of when they find impressive deposits, not if.
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