TSXV:ODX.H - Post by User
Post by
Dave4444on Mar 08, 2006 1:08pm
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Post# 10483387
So understand how good the results
So understand how good the resultsare just consider that .7% copper is equal to almost 2 grams per ton of gold. If you look around there are a lot of gold plays that are reporting only 1 gram per ton or about US$16 per ton at current prices and those stocks are up high. Here we have .7% copper or 14 pounds per ton at US$2.10 per pound for US$29.40 per ton, much better than some of those gold discoveries. Not to mention that we have no stripping required, whereas the gold discoveries at 1 gram per ton often require some stripping of overburden rock. As a result I am nowhere near selling any shares at the current price.