Slow Waltz.....We might be dancing with the "Belle of the Ball" though! IF that's the case a slow dance is fine.
The footprint for the roots system at Kabba is 3 km X 5 kms. It is very easy to think that the potential deposit there is 1 billion tons.
If it was the average grade of copper deposits in Arizona it would be 1% so that would be 22 lbs per ton.
Multiply 22 lbs by 1 billion tons and you get 22 billion tons of copper! That's a good looking girl...I mean deposit. At say $3.00 per pound for copper, that equals $66 billion dollars!
Take the low-low end of the industry scale for insitu, or in-ground, value at say $.05 cents per pound and you get $3.3 billion.
Now divide that by 100,000,000 shares and you get $33 per share.
For you nay-sayers out there divide it by 200,000,000 shares......$16 - $17 a share.
And don't get me started on Sombrero Butte.
I like this girl........and I can deal with a slow dance.