Today anyone who watches these markets daily would have seen AZM strike 102m of 3.15gpt. Their stock added 58 mil to their market cap in one day from that hole.
SUNM's 421 hole was 100m of about 7.5gpt au eq. Their is high grade nodes all over the place in this deposit. Our market cap is just 23.9 mil. With a hole that is more than double the value of the AZM hole and three drills spinning non stop as we speak.
My point in saying all of this is to be patient. I am adding more. This is a stock with a chance for a mega strike. The likes of which change lives.
How big? Well what if the up dip incline remains similar to what management projects. According to the images management believes the deposit is dipping by about 80m for every 160m of strike. If we have two 60m steps. We should be 30 and 60m deeper up dip approximately. This could mean that the holes being pushed over 900m depths. Could be returning mineralized holes that exceed 300m long. If we hit 300m of 1.8% Cu and 1.8gpt Au. Suggesting the company may have found a source or a cross structure
We will have our AZM day!! Few stocks have the potential to deliver like this. SUNM is one of those few stocks!
Patiently. We wait.