COY 0.00% 0.8¢ coppermoly limited

re: Ann: Exceptionally High Copper Grades at ... Took a position...

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  1. 3,752 Posts.
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    re: Ann: Exceptionally High Copper Grades at ... Took a position in COY and I continue to like what I see.

    Im surprised to see not much noise is being made regarding this company.

    Reading from the last announcement in Jan 2014 suggests further results should be out soon.

    "Coppermoly is currently planning a diamond drilling program at the Nakru-02 prospect to further test these results. A diamond drilling rig will be mobilised to Nakru-02 in the current quarter"

    "The Nakru project is rapidly becoming recognized as the premium prospect in an area that is shaping-up as a new mineral province.”


    IMO its a good buy at current levels and could run past 3-4c on the next drilling results. Not many shares on issue and funding looks to be under control.

    Keen to hear from current shareholders regarding the potential here.
 
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