RE: NEWS!Drilling expands San Javier copper projegreat news on the drill results - really? .33% CCU is, at best, a low grade ore body. I know that I had read an analyst report and they had a slightly lower number where they called it marginal.
I know that I will get a response because I dont know what I am talking about and the grades are a function of price of CCU, etc., etc. All one can do is look at cutoff grades at a given copper price. I think that the drill results simply help to confirm that it is a very large, and probably a fairly low grade deposit - yes another one.
Reason stock has not moved is that everyone was expecting this type of result. The stock will move when as 2Fast has repeatedly said - listen to him as he knows what he is talking about - is that you need a couple of solid quarters before this moves.
Seems like solid quarters will now mean november / december if one can wait that long.
cheers and no- management is not doing anything to give any improved confidence that they can turn this ship around before it goes aground, but I remain to be surprised.