Post by
CaptainM on Jan 03, 2024 10:25pm
Hole 26
All holes were at the periphery of the system. Hole 26 would be one that is offset from the periphery in the direction Chris Paul talked about as indicative of better mineralization. He was very clear in his last interview in pointing out that the team knows well which way this is trending, but haven't made that information public; and hole 26 would represent the first test of that conviction. We can also see from actual data that in the SW / W direction from hole 8 to 5 and hole 11 to 21, we can clearly see the grades improve. I'm not looking for a FILO discovery hole, but anything as good as 5 or better with longer length would help the stock price.
Comment by
davidmb4 on Jan 04, 2024 10:19am
Market cap $215 million on a few drill holes and a map? I believe this will move similar to NILI back to $0.50. Same pump group will become strangely quiet as stock continues to fall. The pump group will love to another play and start hyping about next great discovery. Wind on CEO makes me laugh.
Comment by
CaptainM on Jan 04, 2024 11:15am
Realize all of this is economical copper as long as we find the higher grade copper source. Every hole ended in mineralization. I didn't expect them to find the high grade out of the gate.