Ann: Drilling Results at Nakru1 Demonstrate Major, page-4

re: Ann: Drilling Results at Nakru1 Demonstra... I lightened up, probably bought mine lol.

I think the size of the deposit is limited if constrained to the IP anaomaly. This doesn't look like the usual very large tonnage prophry style deposit that can make a dollar on <1% Cu. I was hoping for a more VMS style or at least concenrtaed style of mineralisation that would deliver thick blanket of high grade supergene over 2% copper primary (similar to CGG's Saudi thingy).

Still have the Nakru 2 to drill etc and who knows what tonnage and contained copper they eventually come up with. Also must admit to being a bit peeved at New Guinea selling and don't think they are finished yet. For me this looked like a very low risk play on Barrick drilling some good stuff and so it has proved. Lets see what else pops out.

goodluck