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Lumina Copper Corp LCPRF



GREY:LCPRF - Post by User

Comment by MidasTouchezon Jun 22, 2012 1:06pm
277 Views
Post# 20044665

RE: RE: RE: RE: good action today again guys

RE: RE: RE: RE: good action today again guys

Salta/Cascadero-specific questions should really go on the V.CCD bulletin board.  Their last press release highlights  their recent drilling programme and there is more drilling scheduled. But this was their first Taca Taca drill programme. They have some supportive shareholders who have been predominantly buying through private placement (which ofcourse has not affected their shareprice on the stockmarket).

Lumina has proven what resources are in the ground in their claim at Taca Taca. Lumina drill rigs are just a few metres away from Salta drill rigs. Less than a stone's throw separates them. It's the same ground, the same mineralization.

The only difference is that Lumina has published assayed results for Taca Taca. Salta publishes their first assayed results in a few weeks time. That is the opportunity that few have yet appreciated. We already know what's in the ground thanks to Lumina. These claims are not scattered throughout the Andes. These claims are right up against and rubbing shoulders with Lumina's claims. The results should be similar but my own research indicates that the results will be better.

The only way that I know to get a piece of Salta's action is to buy V.CCD and/or V.SML.

If you look to the east of Lumina's claim you will see BHP's claim which is predominantly environmentally protected. BHP can't do anything with it. North of that is Teck's claim. But Teck isn't doing anything with it. Meanwhile, Salta has this huge claim which is 3x the size of Lumina's which isn't environmentally protected (4x if you include a detached claim to the north) and they've started to do something with it because of Lumina's success. Salta's claim also has some advantages that Lumina's does not.

If you believe in Lumina you should also have a piece of Salta's action. Salta is Lumina Mark II but its claim(s) are 3x 4x bigger (and they aren't restricted by environmental protection).

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