Potential,Fellow investors,
Any geologist old enough and smart enough to know anything about the economoic geology of the Noranda Camp will realize immediately that this is an extraordinary drill hole and in all probability represents a new ore deposit.
Translated into imperial measure,this intersection represents 210 feet grading 3.8% copper (includuing the dyke )= $115.00 per tonne.
Given that this deposit is within a 9 iron of the hungry Horne smelter, and Noranda as a partner you know that this will be a mine!
However, given the vagaries of exploration, we are always working with long odds. However in this case, it is unreasonable that a massive sulphide zone 210 ft thick is going to disapear of the geological./geophysical radar screen very quickly along trend..
So,look for some major upside on this stock with the next few holes.,
Good luck,
F