RE:RE:NewsDepending on which hole it is. The first hole that caused the stock to double was 266 meters at 1.06% Copper and .28 gold. This was regarded as a great hole . I agree the new holes of higher grade are impresive as well as important but the real value will come if not only we a bunch of high grade ore but a huge amount of lower grade ore like what was found at Bor. See the below numbers that are from huge copper/gold deposits. You will notice the grade is low but the tonnage is high except for one and that one had a high gold content. This is out of the Reservoir presentation. They are drilling lots of deep holes looking to see if they can find a large Porphyry deposit like what is at Bor. There are millions of shares that came from exercising options. Every time we have good news and the price rises lots of shares come on the market and keeep a lid on the price gain. All be glad when the stock is held by new investors that are looking for a big payday from the current prices, and not all the original investors that have stock below $1.00. A big announcement would probably bring in the institutional guyswith big buys that will really push this to the moon. That's assuming the news that keeps coming is high enopugh grade to increase the total footprint of the resource.
Rosia Poieni 431 Mt @ 0.55% Cu and
0.25g/t Au
Moldova Noua 500Mt @ 0.35% Cu
Majadanpek 1000Mt @ 0.5% Cu and
0.35g/t Au
Bor 800Mt @ 0.84% Cu and
0.39 g/t Au
Elatsite 350Mt @ 0.39% Cu and
0.26 g/t Au
Chelopech 60Mt @ 1.2% Cu and 3.4 g/t
Au
Assarel 354Mt @ 0.44% Cu and
0.35 g/t Au
Buchim 150Mt @ 0.3% Cu & 0.35 g/t
Au
Ilovitza Project Resource 374Mt @
0.21% Cu and 0.32 g/t Au
Skouries/Fisoka 568Mt @ 0.35% Cu and
0.47 g/t Au