RE: An older article to keep everyone excited And let's not forget Byron King's comments from PDAC last month:
Specifically, Freeport has been bragging, recently, about its success with a “major new project” in Serbia. I’ve mentioned this Serbian play before, but Freeport hasn’t been too public about it until recently.
Now, however, the Freeport news is starting to flow through the industrial conference network. Last week, at PDAC, Freeport offered more detail about the Serbian play. The news is trickling out. Here’s the description of Freeport’s new Serbia play:
Very high-grade Copper-Gold Discovery in a prolific belt. The Timok Project comprises the Jasikovo-Durlan Potok, Brestovac-Metovnica and Leskovo Exploration Permits that are held by a Serbian subsidiary, in which Freeport-McMoran Exploration Corp. (FMEC) has earned a 55% ownership interest.
First, note that somebody is calling this a “very high grade copper gold discovery.” In and of itself, that matters. When a large, closely-watched, public company like Freeport attaches a “very high grade” label, that means something. This is not vaporware.
https://dailyreckoning.com/investment-grade-findings-from-toronto/