Too right Kooka, Given current prices and A$/US$ exchange rates, the Cu Eq is 5.65% just for Cobalt and Copper (alone) x 42m (with a lot more to come imo)! Also remember that the world average copper grade for similar deposits is only around 0.5% Cu.
It seemed obvious that this ann was coming from all the 'mates rates' buying over the last few days to say nothing of OCP buying 8 million shares recently.
To Mallis' point wondering why peeps aren't all over this - is exactly what my group of SHs have been banging on about on HC for a long time now i.e. virtually zero promotion or any attempt to get this out from 'under the radar' (even monthly views on HC are down to almost half what they were).
This is an amazing hole however, I can't remember seeing another results ann from anyone for a result like this, ever, which makes so little attempt to celebrate or highlight the result?
Interestingly, the assay results took about 5 weeks to come out which is at least better than for 304 which took 8 weeks!
This is definitely shaping up to be one of the world's biggest discoveries in the last decade or so and at a time when industry experts are bemoaning the lack of new Copper discoveries in particular....
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Ann: Hole 352 Assays 2.55% Cu and 0.29% Co, page-7
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