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Surge Copper Corp V.SURG

Alternate Symbol(s):  SRGXF

Surge Copper Corp. is a Canada-based company, which is advancing critical metals district in a developed region of British Columbia, Canada. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company owns a 100% interest in the Ootsa Property, an advanced-stage exploration project containing the Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit-constrained NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured, Indicated, and Inferred categories. The Company also has a 100% interest in the Berg Property. The Berg deposit contains pit constrained 43-101 compliant resources of copper, molybdenum, silver, and gold in the Measured, Indicated, and Inferred categories. Both the properties cover an area of approximately 125,499-hectare contiguous land package located in central British Columbia.


TSXV:SURG - Post by User

Post by MarkJagron Mar 07, 2022 4:00pm
239 Views
Post# 34492347

Pondering Copper: Time to Buy?

Pondering Copper: Time to Buy?I believe SURGE and Herr Nilsson are building the resource, creating the story and will sell as soon as someone big cannot wait locking in all this copper. SHORT-MEDIUM TERM: Jan price was 35-37c, 2021 high was 50c. The PP-flow through forces Surge to invest $10MM before end of 2022. That would be a trigger too, depending on what the 10MM brings (great assays and the purchase of the Huckle Plant? Yes, I know it is too small, but it is a start. And they are considering tolling from there...). On the negative: 70MM options of which 50 is in the money. Lots at 15-17cents....Maybe buy at 27 and sell half at 37 rest at 50? LONG TERM: Maybe wait for a bounce at 20c before buying? Have not made up my mind. GLTA
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