This Stock Is No Longer DEADI read the last NR and the one thing that was left out from the highlights is this sentence buried in the NR
"The company has an initial exploration target of between 1 and 2 billion contained pounds of copper in the ground with grades between 0.5% and 1% Cu in several zones such as Sherlock, Elementary and other near surface zones."
This is HUGE!
2 Billion pound target claim is equal to a claim of $7 Billion of Copper. I can't beleive IROC let them publish this, so this must be a supportable claim.
What is the stock price target with 85M shares outstanding? Depending on the discount rate you want to use, I calculate between $1 to $5 on the lowside. So at $0.155 a share there is lots of room on the upside.
And the projectis in Quebec. Probably the only downside. ;)