Drilling changes the game Earlier this week Solaris announced a hole of 567m @ 0.8% CU and including gold and moly credits 1% CU-eq. Their stock almost doubled in the two days after and continues to climb.
I don’t say that to pump SLS at all, but because of what it can imply for us.
OCO is also planning deep 600m+ holes per the tech report recommendations, and if the first Brasiles holes are even close to as high grade as we think they might be and they hit anywhere close to 1% Cu-eq over several hundred metres there’s no reason we won’t see a similar explosive jump to SLS. Especially considering the baseline of what we already know about Santo Tomas and it’s size, value, and feasibility without including the brasiles.
That’s not to say there won’t be key catalysts before then. I think they’ll be a few, especially the IP results, which will be really nice logs in the fire, but the first drill results could be the whole tree in the fire.
The exciting thing is the way I see it it’s really just a matter of when and not if.