Someone has been running the SP show lately imo, otherwise it's surrealism.
I think that the SP should not have dropped as far as it did, given the possibility that one or both of these 2 DDs could hit very good copper - and in the process probably see the SP jump markedly.
Those newbies via Somers at 8c didn't pay up for no good reason did they.
Given all of the relevant circumstances, 8 cents should be the minimum price. Remember that we hit 10.5c not so long ago with the 50ms cu at 1.5%. That reading is still there!
These 2 posts of Blythefan of 28 oct need close examination imo.
https://hotcopper.com.au/threads/an....3790002/page-5?post_id=28272576#.WieEi7puJPY
https://hotcopper.com.au/threads/an...3790002/page-10?post_id=28278732#.WieEubpuJPY
In the second one he refers to Aeon's (AML) Walford Creek north of Mt Isa: This occurs commonly in fault-associated epigenetic deposits like Walford Creek (seriously check out AML's results) where copper-bearing fluids come into contact with sulfidic shales of a pre-existing SEDEX deposit. The copper displaces iron and converts pyrite to chalcopyrite.
As I say, read his 2 posts, and carefully too, as the Wodger copper mineralisation(and maybe Forrest and Big Billy too) may be as he postulates; then read the AML stuff (which I'm about to) if you want to know more about what B is saying. Those who have been here for a few years will remember speccy posting regularly; well speccy is alive and well over at AML.
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Ann: Diamond Drilling to Commence at Wodger and Forrest Prospects, page-65
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