I happened to chat with management today and suggest an update may come through soon on Peru and other activities but in general share your view that given a significant drilling campaign the Peru locations will be as predicted i.e. very large similar grade projects to others maybe like Latin Resources but in any event will take a lot of drilling not just one hole...and who knows grades may ultimately be superior.
This makes sense as the massive sulphide deposits (under cover) in the region are spoken about (by major miners/players) in terms of billions of tonnes.
I am happy that the location of our tenements are coastal near infrastructure and not in the mountains with population issues to deal with.
The Peru tenements are desert like and apparently as the trend continues with other explorers offers our best chance of a major project (at cheaper costs) unless of course we get lucky as well with Fraser Range as we all certainly wish.
It's good to hear about your research about supply diminishing so hopefully a perfect copper storm!!.
GLTA ...I wont be selling anytime soon!.
Sarg
AQD Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
