RE:RE:Not even a fraction of 1% of the geological potential....A trillion pounds of copper in WF? NO
If 10.4 billion lbs is not even a fraction of 1% then 100% suggests RF believes there are Trillions of lbs of copper in the Westertn Forelands.
Grades yet to be drilled will raise or lower this number. RF is indeed speculating, but he knows more about the geology than we have been told, or managed to piece together.
RF & IVN knew that in the Western Forelands, they had "Delineated" 10.4 billion pounds of copper at the time of his statement headlining this post.
RF has, in the past, likened WF to having and discovering the middle east oil fields, back in the day.
He has not been shy about trying to explain the significance of IVN's WF region.
I am inclined to believe RF, he has better insight than most, combined with a half decent track record...
I am intrigued by RF's comment around his suggested release of news before, or by this Christmas. His comments frame the news as some kind of gift for investors.
Why is he witholding information for strategic reasons? I do not know beyond guessing it is something a tad bigger than releasing a positive piece on maiden resource numbers. A big red blob? Again, I do not know, but it is fun to ponder.
I speculate it has something to do with a greater level of proof. Proof of what he has and has been trying to tell/convince those who paid attention, for a while now (short of many years of drilling.)
I think the new railway line is a big attractor for the how any new mining operations might be established, ran and costed (valued.)
In short, RF is trying to land a few big fish.... and he might just be close enough that, by releasing this news, he thinks he might be able to "Tip the scales" so to speak.
The world is going to need a lot more copper producing. I think RF is going about making that happen.