RE: pebble south propertyHere is some background for this news release.
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This is what is west, north and east of this FMM’s Pebble South property.
It is the Northern Dynasty's massive Pebble Copper Deposit,
which is also North America's largest gold deposit.
"The Pebble deposits host a measured and indicated resource of 31.3 million ounces of gold and 18.8 billion pounds of copper.
Inferred resources add another 50.4 million ounces of gold and 48.8 billion pounds of copper.
These deposits occur within a 73 square mile (189 square kilometer) northeast trending mineralized system that appears open to the southwest." [Hey! That is dumping right into us.]
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Now here is our property, Pebble SOUTH.
"Full Metal's land package is comprised of 366 sq. km, in two contiguous blocks."
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So this news release is saying that the giant, big-pockets, Freeport-McMoRan Exploration Corporation is drooling to get in there and drill 2,000 meters (more than one mile) of looking for goodies for free.
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Do you have any idea what this could do to the stock price?
Do you think that I more that doubled my position in FMM Thursday because I was an idiot?
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So here is a good copy of the news release. The first half is what is important.
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https://www.fullmetalminerals.com/s/NewsReleases.asp?ReportID=314884&_Type=News&_Title=Full-Metal-Commences-Drilling-Pebble-South-Property-Alaska
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RJ