RE: weekend reading29 Jan 2021 18:04
Thanks prickly! That was good...I liked this:
'As you can see, a lot of clues were inside the press release. Words such as propylic alteration, pyrite, sulphides, chalcopyrite, potassic feldspar alteration, epidote were in there. The market should have recognized that the next hole or two were probably going to hit something more exciting. Instead, the market completely ignored it. Maybe the market did not understand what all this meant.
'Then, on September 3, 2020, Kodiak reported a hole returning 0.70% copper over 282 meters. As a result of this, the stock price increased six-fold causing the market cap to increase from less than C$20 million to more than C$100 million. Yes, this happened just based on one hole even though the clues were all over the press release 8 months earlier. I guess the lesson here is that it is worth studying the geology and its terminology and how it relates to copper porphyry systems.'
Have we hit the core yet.....? Lol
Whooooo baby