RE:RE:Why SUNM will be 10x stock to own in 2019 from here!!Hornets that was out there on purpose for these reasons:
1. Mark O’Dea said in recent interview for Paid Katusa subscribers. That that company expect to have an average rock value of $600-$700. (Not sure which currency he was referring to though). If it’s USD And I assume it was. We need to find more better grades right? Or? Read 2 and then 3 for your answer on better grades.
2. The original result was 5% yes. But the commodity prices used at the time were low. If calculated at today’s nukbers. It’s more like 5.5% Cu eq over 100m. So the 7% number means ithe average grade would need to increase about 30%. But keep reading. We can get there!
3. The garnets in the rock still make up 30-50% of the rock. This means we are still proximal to the core. Further north drill hole 02-09 struck 15m of 20% Cu eq. Management believes this deposit trends north. 02-09 wasn’t even a deep hole. What could lay bellow near surface grades that juicy? If the gold number in 421 was replaced with the gold number in 02-09. The result would be more like 100m of 18-19% Cu eq. Odds are they didn’t push 02-09 deep enough. What if another section or two or three exists at depth in those Grades. 100m of 18% copper. We would be a $5-$10 stock and fast.
4. We have a long term SH user that has decided to chime in to save us. Awww didn’t know about this stock in the teens and twenties like me I guess I should run and hide at the fear my knowledge is playing tricks on me. Sorry Hanson Lockyer you’re gonna have to tap that ask to get a position, like everyone else. I even added to my position this afternoon. Last thing I’m gonna do is sell some right now. I’m rolling the dice on these upcoming drill results no matter what!!
Hope this helps to clarify any confusing data in my post and how I arrived at it!
Long ans strong!