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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by stocktalk2on May 10, 2005 10:27am
112 Views
Post# 9014200

RE: Results

RE: Resultsthat's exactly the problem gassy. Once again the average Joe shareholder or potential shareholder is left to speculate as to what the company has or is saying that have. Based on these results we could be looking at the largest copper/gold porphry system in Peru, or, Jack Diddle. How would anyone know without the company communicating a clearer picture of what they have. You're right gassy, the fact that the system is open in ALL directions is important, too bad we don't know HOW important yet. This company will be bought out. I don't know how many more holes it will take to define the value for a major to make an offer but the way I am reading this news release tells me this is a massive high grade copper, low grade gold system. The tonnage at the end of the day will determine the ultimate value. I think we may be closer to putting a number on that than anyone is aware of.
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