Scoutaz wrote:
Missed drill targets last time....no visuals on the current drilling program and no processing in Mexico....
If you are refering to drill hole UC-09-01, everyone should be so lucky. This drill intersected
"a lapilli tuff to feldspar porphyry". Here are some explanations.
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<![endif]-->Porphyry deposits are the most important source of gold, molybdenum and copper - reportedly contributing up to half of the copper mined worldwide. Silver and a number of other metals, including tungsten, tin, lead and zinc, are also recovered from porphyry operations
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<![endif]-->Typical porphyry deposits contain hundreds of millions to billions of tonnes of ore grading from 0.2% to more than 1% copper, 0.005% to 0.03% moly, and 0.4 to 2 grams gold per tonne.
The hole also intersected gold mineralization.
The question you asked is " why are we trading at this price"?
Indeed. With these results and the size of the target being drilled, investors should be flocking to this stock.
If this is what you call missing the target.....well I hope they miss more often.
SN
