There are still no announced assay results from these missing sections. They would have been received I'd say. Not having been announced should mean that they are not price-sensitive to SFR, and given the situation, not s-p to AUR either.
The 3-month copper contract price continues to tumble. Just a few weeks ago it was over 7,000/t.
Todays' news: Base metal prices were mostly down on the London Metal Exchange. The 3-month copper contract lost 1% to 6,279/t
Is it mainly as a result of the Trump anti-china protectionist policy that he has regressed to? I suspect so.
In uncertain global economy times like this, being tied to a producer such as SFR should be beneficial for AUR. In other words, solo exploring for copper by AUR when the copper price is in borderline territory so far as mining it is concerned may not be such a good idea.
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- Ann: SFR: Doolgunna Project Exploration Update
Ann: SFR: Doolgunna Project Exploration Update, page-48
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