COY 7.69% 1.4¢ coppermoly limited

re: Ann: Drilling Results at Nakru1 Demonstra... It looked to me...

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  1. 6,757 Posts.
    re: Ann: Drilling Results at Nakru1 Demonstra... It looked to me that it is still "in the pink" at that depth but obviously the resolution isn't very high in that dimension. I will have to look into 3D IP a bit more. I noticed a report in the PNG press saying the cap raising was going ahead there. Its only $2m and it has been mentioned previously, but its a bit concerning that timely info is from the media, or inferred from trading activity - or did I miss something?

    (off topic)
    2ic thanks for your support, though I think perhaps you were right all along its best not to get involved. Someone posted a study the other day showing that when people with strongly held beliefs are shown facts that contradict those beliefs, it only serves to reinforce them, unless the facts are so strong and undeniable as to shock them out of it. I guess people will have different thresholds so it may help a few but there's the risk of doing more harm than good. Unfortunately some had invested everything they had in it and a high proportion of mums and dads caught up, so there's not much satisfaction in getting it right. Some lessons learned for me too.

    Barewitness, I held MMW a long time ago and dropped them because I was annoyed at a cap raising. 2ic disagreed with me on that one and he may have been right, I stopped following. That was some time ago so things may have changed but earlier comments will be under MMB.

 
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