RE: 40m of 0.32% copper!!!!!my mistake guys, last quarter they were mining 0.3% copper for approximately $12.00 per ton profit
thats what Im talking about, on a stepout to boot! HPYs shareprice doubled back after christmas from 18cents to 35 cents on less than that! If HPY can keep hitting comparable grades to what Teck is mining and come up with a nice 100-200 million tonne deposit or so then this could be HUUUUGE!!!!
Tecks mining 0.34% copper for around 13.00 a tonne profit (their minelifes good until 2019? from Tecks website)
Hypothetically speaking, If HPY can prove up say 200 million tonnes of 0.3-0.35% copper adjoining Tecks mine property, what would this be worth? remeber HPYs market caps only 6.5 million dollars right now
I AM EXCITED