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The make up of the core's in the last two holes look quite good imo.

A lot of mineralisation encountered houses good copper and gold. The cores look way better than the last couple of holes drilled from what has been reported.

BHP's non expansion of olymip dam really has nothing to do with AXT's two leases in the area! Who cares! The point is they have one of the worlds best ever mines right next door!

There are other targets to drill on intercept hill that on paper look better than current targets but will be harder to get the right approvals to drill.

As far as the MD is concerned Xstrata is committed for the long-term and that hasn't changed. There is still interest in targets on the lease.

Toondulya drilling will start soon and there is interesting targets there.

I'm sure other opportunities may arise later for the company, the MD is aware of not having all the eggs in one basket.

Hopefully they spud the well in the US soon!

Its blatantly obvious that someone is manipulating the sp down now while they have the chance and with good reason at these prices below cash/investment backing!