Post by
diabase1 on Dec 24, 2020 11:57am
True width?
What you may be missing is that true widths are between 50% - 60% of the intervals. Hopefully they are looking for wider intervals.
Comment by
nomoney on Dec 24, 2020 12:15pm
Definitely a consideration but the intervals they've hit thus far have amazingly high copper. Plus their 8.1 million shares is CNC puts their market cap at this level. The copper at this point is gravy... or it should be.
Comment by
diabase1 on Dec 24, 2020 12:27pm
The grades are great, but 50% of 27m gives you approx 13.5m true width. On their website, where are the 2019 and 2020 financial statements? How much cash do they have on hand for further drilling. Looks like there's nobody in the office to do any accounting!!! I'll check on sedar. This should all be on their website for investors to see!! What is management's ownership of SHL?
Comment by
diabase1 on Dec 24, 2020 3:56pm
Ha Ha Ha Ha I found a Presentation on their website, but it was dated June 2016 !!!!!!!!! They've got to be kidding. Surprised that they are still in business.