RE:RE:Does Clark release news according to CU volatility?You're correct Grimey ... Filo has been dropping too and they're at an ugly $8.61/share on this drop.
Filo has continued to put out news ... I guess a volatile copper market doesn't phase them like it is suggested does Clark?
At the very least Clark and MacArthur could have put out an update on the exploratory hole(s) indicating if they hit massive or semi-massive sulphides that are similar in presentation to the current Cabacal mine body.
I totally supported them to XRF the core in this case just to show the market they have hit ... which is a very different rationale than what was used the last go ... a go that I felt was not the best move for fear that the market would look at the high numbers and assume everything would turn up the same.
Like I said ... if Clark comes out with an update on the Tin JV before releasing any information about the exploratory hole(s) then you know something is f'ck'd up with their modelling.
Even if a definitive deal on the Tin JV has better terms than the LOI ... it does not supercede results of the exploratory drilling and putting it in front would be very telling.
Even if they come up with a sale of the Manganese project ... that does not change my thoughts on lack of an update on the exploratory holes.
Simple equation ... the exploratory holes hit mineralization within the modelled anomaly and the district scale profile becomes a reality ... market will respond positively and the f'ck'n CRUX dude and those he represents will f'ck'n chill and lett'r ride.