Re: What are they drilling?DOT's 100% owned property is in BC near the Highland Valley porpyry district. They have a heck of a 43-101 out. Here are a few highlights:
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at a 0.20% copper cut-off, the estimated indicated resource was 5.33 million tonnes grading 0.45% copper, 3.28 g/t silver, 0.05 g/t gold and 0.006% molybdenum representing a 19% increase relative to the previous NI 43-101 Mineral Resource dated June 22, 2009), and
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at a 0.20% copper cut-off, the estimated inferred resource was 4.28 million tonnes grading 0.46% copper, 1.99 g/t silver, 0.02 g/t gold and 0.004% molybdenum representing a 79% increase relative to the previous NI 43-101 Mineral Resource dated June 22, 2009), and
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the five zones of mineralization included in the resource estimate are open along strike and down dip.
Re how much money they have, well, like most juniors, not much at all. Unlike a lot of juniors, though, they have an arrangement with Alhambra (ALH on the TSX-VO) with who they share Management and Directors, and who who spun them off - ie. they are barely paying for a thing. My very educated guess is that some work will be done and they will be drilling in the short future.
I put out a blog on this bullboard featuring DOT. Just scroll down a bit and a lot of your questions will be answered.
I gotta say that sure, SPEC's style is one where he covers a lot of ground. I don't fault him for that at all - that's his style and it obviously works for him. I don't think following him around the bullboards and asking questions without doing any DD at all (ie. "What are they drilling?") is
conducive to a good conversation - and it doesn't reflect the best light on you, either.
Cheers.
Jim