Copper on fire .... Great time to be holding + buying more Cu players ... $12,600 AUD per ton much more upside on Biden HUGE rescue plan
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Copper on fire .... Great time to be holding + buying more Cu players ... $12,600 AUD per ton much more upside on Biden HUGE rescue plan
Major copper producers are losing market share as demand for the red metal gets set to explode thanks to the clean energy transition already underway. This opens up a big gap for emerging producers to step in and fill.
This was illustrated by Newmont’s $C456m ($477.7m) cash offer last month for GT Gold, a copper porphyry explorer in Canada. Juniors with new prospective projects in tier 1 jurisdictions appear set to be well rewarded.
https://stockhead.com.au/resources/c...-to-producers/
CNB latest ann. out some very juicy Copper targets for sure>>in the region where High grade Gold and Copper explorations results are not rare
--25,155t of copper @ 12% Cu produced ... 1900-1940 from a single steeply dipping shoot
mined down to 260m below surface and over a strike length of approximately 150m
No way those old miners would have mined out all the copper in that narrow shoots 1940 WW2 would have ceased many mining projects as skilled miners went off to war
even if we have 10kt of high grade copper near surface = $130mill Gross Cu value at present AUD values
Just look at Duchess Deeps so very prime... what kind of monster do we have at depth ..???.
And as CNB has some many targets that this target is still under consideration>>
surrounding grades backing up the prospectively of the area HMX latest high grade Cu discovery ...
sub $60mill you have got to be joking !!
Disc - thanks Mr CNB 22c seller for allowing me to fill my boots last month....
that was a progress report on revenue from new "Mahato" production JV
-the ann I'm looking forward to from Qty report -An independent reserves assessment of the PB field is expected to be released by Cue shortly, after
approvals are received from the Indonesian regulator.
-The rig will now return to PB-4 to undertake testing and completion activities, which are expected to be completed during the first half of May...
so couple anns to wake up the market that CUE is not just another hopeful explorer but a serious O&G producer for the Cap they command
Yeeehaaa CNB>>>>
https://www.fool.com.au/2021/12/17/c...r-copper-find/
Yeah I sold a tiny few 38c two days early I purchased for 27.5c nice $1220 profit ..holding tight to my core 200k holding bring on $1-2 SP
Im sorry JB...can you please view my private message cheers.
Latest out from CNB 40m 1% copper ....FROM SURFACE !!! .... thats like getting 2-3% at depth value wise ....
CNB MD>>>
“The Lady Fanny, Burke & Wills and Nil Desperandum discoveries are
rapidly emerging as a major new and vastly underexplored Iron Oxide
Copper Gold corridor with untold size potential. We are looking forward
to the commencement of the IP geophysical surveys today and the start
of drilling by week’s end.”
Yeah looks like a great ride ahead guys.No response s/p wise to the latest announcement,it had run up so much,traders taking money off and cap raise ahead.
Yeah great close from $CNB $1.75 ... Gold project drilling results should be out any day could be the catalyst to push past $2 ... to think I was buying at 27.5c only last month how quick a company can climb on the ASX when FOMO kicks in