ALM 0.00% 0.8¢ alma metals limited

Allseasons,For along time they had around 2m oz resources.All...

  1. 5,522 Posts.
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    Allseasons,

    For along time they had around 2m oz resources.

    All drilling was hitting mineral, it was wide and deep and open.

    Then they hit hemi.

    I took alot at the 2c mark as at the time I thought this is crazy all this openness and strike.

    I do not look at what is there today, I work out future and work back on how to get to that.

    If I cannot I do not buy it.

    With Alm. I believe all 3 zones are one and I believe mineral at depth extends beyond surface footprint.

    A 2m bliin tonne resource with certainly be worth more than there 7m EV in 2 or 3 years.

    Briggs is a surface down deposit with pockets of high grade.

    It to me is one of the best porphyry systems in oz because so far results a reliable and the geology is not that complex.

    There is over 1000% profit to be had if one is patient and waits a year or two.

    I do believe with there holding in cvv and the ceo a director of cvv a merger is most likely.

    Imagine how valuable a company with 2 x 2b cu deposits, will be worth when cu defecits hit.

    If 4b tonnes of ore exists, that would be Australia's largest pure copper deposits.

    Its the same at Spq, but there geology is pretty complex in greenvale.
 
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