No where near understanding the extent - New Ingerbelle"mineralization extends for at least an additional 250 metres below the design pit. Both holes terminated in ore, so we have not cut off the mineralization in any form. We are no where near understanding the extent of mineralization at New Ingerbelle."
So, a company trading at about 3 times earnings ($3.00 copper) has a massive and still open richer deposit, below their existing deposit, in a friendly mining jurisdiction, with twice the grade and far more precious metals....and another massive economic project in another friendly mining jurisdiction.
Sometimes risk-reward is just so unbalanced, you have to swing big.