Sun Metals Corp. V.SUNM

Understand

[nopoo]

SUNM has hit a mineralized fluid corridor, the 421 Zone, with very consistent hi grade mineralization over meaningful widths. As they move north I expect even better grades - although if you look at average AuEq it is between 10-11g/t Au. Very good.

With this type of deposit what they have found, so far, is exactly what you'd expect - and they will no doubt find other areas of similar skarn mineralization as they progress to, and around, the phorphry. Understanding the fact its a multiphase (mineralizing events happened multiple times over the eons - means high grade, maybe extremely so) porphyry copper-gold style intrusive with a skarn alteration envelope surrounding the copper-gold mineralization/intrusive is important. 

Games were played, are still being played and will always be played. Understand the games, understand who management is and how they operate - look at share prices/ MC's of their other plays - this one lol is a tight play, understand the deposit and where they are relative to the intrusive. I don't trade this, I buy on the dips and hold. Because I understand the potential this project has. 

ttfn
nopoo

[FastFF]

Now there's a great post --  I had to check twice that I was on Stockhouse -- The project is improved, but people sold it. Nothing changes in bizarro mining world. Now I know why ans sane investor won't mess with explororers. But, thinks for the dip, whomever was selling. I'm not sure there were games played, the Financing was too small. I think it was just a bunch of metalheads

[hornets]

FastFF - Noopoo usually has good posts.. Interesting comments from Megaw as well - major discovery so a MC of what next yr??

[Goldnboy1]

I am hearing 10x by Spring. $2.00 a share plus.  Drill three isnt being sent in for luxury and the PP didn’t just increase by 50% because investors agree with the market price. Loads of value down here given our grades and length. Only a matter of time before systematic drilling comes up with the big one.  The porphyry’s will have the proximal deposit butting against them. We are not

[vitreum3]

Only $2?  Those same people are telling me $15 --- conservatively so i am heading to 2,000 shares. I just don't need any more capital gains!

[hornets]

Goldenboy... adding the 3rd drill is quite interesting.  The labs should start to slow down in the next few months so a quicker turn around too. $ 2 seems to be a good start....lol

[0898]

Absolutely! Remember we  how we were going to blow by 70 cents to clean up all the warrants?  lol Didn't happen. I've always said the drill bit will speak, and unfortunately it did.... $ 2 ?  Come on now, lets be real. Why not start with 60 cents?

[FastFF]

What Megaw told me at Beaver Creek, was that this discovery is like a python - the huge hit was a rabbit. Along the way they will hit other big stuff, squirles, etc. That is, the discovery will have  bulges and they will be hitting more of them, but that the overall high grade make the entire project valid. Not to mention the location, and top-tier management. That's why I biught a whole

[hornets]

FastFF, an interesting analogy and very descriptive. With 13 'pulses' it sure sounds like there most definitely will be more bulges or swells or as Mr. Megaw puts it, rabbits. So a MC of 300 to 450 Million for a major discovery