RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This is getting good Re Brasiles, I think internally they have at least some assay data from the 3 historic holes, but they can’t disclose it even as historic results, because of chain of custody rules.
1% doesn’t seem far-fetched at all considering the grade of a couple of historic holes in the area of the north zone closest to the Brasiles exceeded 1% (and that’s just CU grade, no gold, silver or moly credits included so cu eq would be even higher). Though even 0.7-0.8% Cu with some gold would be great too!
Much like there was an arbitrage available to investors who realized the market was underpricing OCOs ability to complete the legal work,I believe that even as OCO moves closer to a market valuation indicative of the historic resource, there is still a second arbitrage available to investors willing to speculate on the historic resource being an underestimation of Santo Tomas in terms of both grade and size.
Happy thanksgiving!