I don't think the market has fully understood the ramifications of the latest,if understated announcement.
The fact that the DHEM team are re-entering holes from the Phase 1 drilling campaign is suggestive to me that the anomalies,so far uncovered are indeed large and that further modelling is required from these holes to confirm the extent.
In the interim,no doubt the Diamond drilling team will target the strongest response so far from the Volkhardts section,which in all probability will be the missing line of Lode of supergene ore.It must be remembered that this supergene ore graded 20-35% Cu when mined.
In any case shareholders will not have long to wait for confirmation of this.I would suspect a fair degree of of inexplicable price movements in the next 2-3 weeks.
The 250m long Conductive response from Anomaly B is interesting,and may well represent a parallel line of Lode.That would represent a significant,if unexpected bonus.
Initially,I was sceptical of the Sandfire comparisons,however,upon reflection,I am more confident than ever that we are indeed looking at the next Sandfire and have added to my holdings accordingly.GLTAH.
CCZ Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
