another phosphate stock to keep an eye on, page-3

3% plus copper hits over some solid distances certainly does wet the appetite.
They have identified 500 metres of strike and there are 6 or so abandoned copper shafts that were exploiting copper oxides on the tenements so I would not be suprised to see tonnage around the 20 million tonne mark for starters.
The stock is seriously undervalued when you also factor in the free carry on the molybdenum play and the high grade phosphate historical drilling in WA. Only problem with the stock is its not liquid for now. Only about 200k shares have been sold under 20 cents since the company inception which indicates to me that the seed/venture capitalists are not interested in selling anywhere near the current price. Won't take much to push the share price much higher IMHO.