RE:Recapdacre wrote: So to recap SUNM facts...
- recent new discovery of 36.5 m (or 120 ft) grading 4.4 g gold/tonne, 84.6 g silver/ tonne and 3.89 % copper (no mistake in decimal place there!). If you haven't, check out core video...it's really something!
- represents the richest grades intersected to date in the 80 year exploration history of the property (and over 80,000 m) of drilling
- assays from second lower zone of massive sulphide still to be reported
- management is top notch with 8 board members or advisors having PhDs in geology and decades of international experience in the discovery and development of various deposits
- insiders hold about 35% of the stock
- mining house/management company (Oxygen Capital) has previously outlined significant deposits of explorecos. held before selling the companies for significant gains
- company is exploring in "elephant country" with several large deposits in vicinity; Serengeti nearby
- current program is fully financed; started up end August with 15,000 m of drilling planned, so lots of results forthcoming, and with that, opportunities for much speculation and sp advancement
Think that's it. Enjoy your Sunday.
Sorry, just wanted to include the Core video link...
https://vimeo.com/296047506/95dc57cd41