Post by
shawshank666 on Jan 17, 2024 8:43am
Now we know
Now we know why the share price is down. The results have just been released to the public so it seems like some people knew about the results before they were releaed to the public. That's not right.
Getting back to the results. Hole number 3. You have to look at the wording of the release and then the table in the release. They say 21 meters of 0.68% Cu Eq. This incudes Au, AG,Mo, and Cu. If you look at the table the Cu% over the 21 meters is only 0.23%. The 8.6 meters of 0.57 % Cu Eq shows the Cu% to be 0.46%. Less bad.
I will quote from the news release for hole 2.
The drill hole mainly intersected the sedimentary-volcanic host rocks and did not intersect any fertile intrusive units, which are an important contributor to increased copper values.
Comment by
Renebernard on Jan 18, 2024 12:19am
I do not think this is true. I am Chairman of the company and as you can see from my insider filings I have purchased shares all along from the mid teens all the way to 5 cents yesterday. Results are published once they become available and are guarded until release