a 10X a 20X or 30X A lot of investors wonder if they should be selling BIG, if they should be taking some profits.
A Copper Porphyry in Idaho, USA can be worth $2000M-$3000M, while BIG is now at $80M CAD MCAP.
This possible copper mine would be accessible year-round, would have excellent infrastructure, and would have a pro-mining government.
That is certainly not the case in certain Latin-American mines. For example the Filo del Sol mine in Chile & Argentina of the Filo company, is now worth $2600M, and was worth over $3000M not so long ago. Their Copper grade is lower than the current BIG Copper grades. Size is roughly the same. Altitude is 5,127m.
So if the next BIG holes confirm the high grade Copper porphyry, then we have a very long way to go.
You don't want to miss such an opportunity!
The Hole 5 results they just released, didn't target the porphyry itself, but targeted the outer shell (phyllic alteration). The outer shell is destined to be much lower grade than the porphyry itself.
However those Hole 5 results came up with 185 meters x 0.84% Cu. And 45 meters x 1.94% Cu. That's pure copper, no Cu Equivalent, no molybdenum no silver.... The Hole ended prematurely, is open at depth, and open in all directions.
The next released Holes will have drilled right into the target zone, which could be the heart of the porphyry itself. They drilled 1.3km deep for that.
The current 0.84% Copper / 1.94% Copper is of very high grade for Copper. And that is the grade in the outer shell, which should be of lower grade than the porphyry itself. So the next Hole releases will be very important, and may confirm even higher really crazy Copper grade.
BIG is also X10 expanding the area for exploration. Going to 4.2 x 3.6km and going 3x deeper than before.
A no brainer...