Post by
dacre on Oct 28, 2018 8:04am
Recap
So to recap SUNM facts...
- recent new discovery of 36.5 m (or 120 ft) grading 4.4 g gold/tonne, 84.6 g silver/ tonne and 3.89 % copper (no mistake in decimal place there!). If you haven't, check out core video...it's really something!
- represents the richest grades intersected to date in the 80 year exploration history of the property (and over 80,000 m) of drilling
- assays from second lower zone of massive sulphide still to be reported
- management is top notch with 8 board members or advisors having PhDs in geology and decades of international experience in the discovery and development of various deposits
- insiders hold about 35% of the stock
- mining house/management company (Oxygen Capital) has previously outlined significant deposits of explorecos. held before selling the companies for significant gains
- company is exploring in "elephant country" with several large deposits in vicinity; Serengeti nearby
- current program is fully financed; started up end August with 15,000 m of drilling planned, so lots of results forthcoming, and with that, opportunities for much speculation and sp advancement
Think that's it. Enjoy your Sunday.
Comment by
dacre on Oct 28, 2018 8:07am
Sorry, just wanted to include the Core video link... https://vimeo.com/296047506/95dc57cd41
Comment by
TruthBKnown on Oct 29, 2018 10:02pm
Thanks for consolidating this info. Great for anyone coming to the board for dd.