I think the market is completely asleep on this one at the moment - when they wake up it will pop like a cork.
This latest release is hugely significant for a number of reasons:
1. It shows that new anomalies well beyond the historic high grade Profunda Mine area have now been identified which tells me there's a high probability for multiple new high grade mines further along the trend.
2. The super high grade rock chip samples with up to 37.5% Cu found at an anomaly site provide a strong indication that these anomalies are mineralised.
3. New geophysics program (PDIP and Magnetics) already underway - shows that Riedel are confident of success in maiden drill campaign and getting second phase of drilling targets ready for drilling ASAP - means that they will have a pipeline of exploration and drilling data flowing over the coming weeks and months.
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