RE: copper set to break $4 per lbI mentioned most of the potential developments in a prior post.
corozal reserve estimate is imminent if they can add 30 million pounds I'd be happy but the number of drill holes are available.... a 50 meter spacing... its the average depth of intercept that is in question
leonora river drilling finished in the first 10 days of june you have the dimensions and the 40 drills holes... Once again it is the average depth of the deposit which is in question. I'd be happy with 30 million pounds of nickel
cuebada quemada If they haven't drilled 10 holes here already they will have that total within days...
You can see there are about 9 more of these smallish deposits mapped out in their presentation report. They are based on the augur drilling program so its not just analomous areas of interest they are reporting. Keep in mind that the company for competitive reasons blows abit of smoke as regards to the data it presents. That lower prieta zone is on the flats and not the mountain ridges. its dimensions may not be limited by geography.... we won't know until the area is drilled out but it is the potential company maker zone.... It is unique for the area ...lets get the results in about 2 years as the manyana boys are in no hurry to add a couple more drills...
all in all the heady days of $20 plus per pound nickel are behinds us... Ferretic stainless steel has made major inroads into the austensic stainless steel business...I've also lowered my expectations on the nickel potential to 500 million pounds from a billion pounds ... and my $10 per pound value for nickel is obviously shot....