Member Info for bonker99

Morning.

A very busy few months ahead of us :)

T20 Dome Complex is 2.5x the size of T3 Dome Complex so a good hit down there too would be fabbo - see if they can stretch that prior 6% Copper find out a bunch :)

Morning.

Yup, just reading it now - makes the case very well and he's right - nobody is interested until all of a sudden everyone is interested.

MOD up another 2%.

Well you can see the 52m @ 1.5% and 15.5m @ 2.9% on the black bars of hole #3 on the hole #8 pic so, yes, they're directly comparable - looks to be at least 100m from start to end of mineralistion on hole #8 but with a bigger chunk of the extra good c3% pink/purple stuff.

If hole #8 comes in 1.5%+ overall then subsequent infilling between #3 and #8 could prove up a 400m long x 50-100m depth high grade core to the deposit - we may then get into a conversation about Dome 4 matching, or even beating, T3 which would be super :)

Still, let's not get ahead of ourselves though we should have hole #8's assays by end of the month I'd hope.

https://af.reuters.com/article/investingNews/idAFKCN1LP0B4-OZABS?utm_content=bufferae7d5&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Morning.

Check out these comparison shots of hole #3, that delivered 52m @ 1.5% and 15.5m @ 2.9%, vs hole #8 which we're awaiting assays on:

Hole #3:
https://imgur.com/a/SCEScCq

Hole #8:
https://imgur.com/a/uKzQUFi

Am I out of my mind or is there something like 120-150m of mineralisation showing on hole #8, maybe broken up into 3x 40m chunks or so?

That looks like a big chunk of c3% pink/purple in the bottom third too?

Thoughts?

Looks an interesting few weeks ahead on mining plays all-round from what I can divine - obviously the sector has been beaten up quite a bit recently but there's some pretty big looking pivots on the horizon to my eye generally speaking - much will dpeend on Trump covering his short though obviously :)

Morning.

Nice finds :)

We'll get there - £5k chunks at a time ;)

I assume it was supposed to be this :)

https://hotcopper.com.au/threads/arden-partners-copper-research-report-mod-mentioned.4417409/page-3?post_id=35458577

You should all read the entire Arden note as I linked below anyway if you're interested in Copper plays - it's superb imo and not just because MOD are one of their top picks of the bunch.

A link to Arden's Copper play note - well worth reading:

https://drive.google.com/file/d/1hyR1byoPJDqIFP0vMrw7qFymBbCg5Ome/view

Highlights for MOD are the high purity concentrate (possibly commanding a premium), low cost, high grades and huge exploration upside - note that their $0.92 target for MOD won't include any of that exploration upside of course ...

Buy/sell/buy/sell/buy/sell - we've been here with the old left-hand-to-right-hand stuff before mate ;)

I'm more than happy for her to stay around here for another couple of weeks so I can slip another salary cheque in :)

They likely won't move her up until enough PIs have sold.

Morning - useful +6.3% bounce on MOD last night.

Arden note on MOD knocking about with $0.90 target:

https://twitter.com/chrisjparrish/status/1037690269456584704

Yup, you can't fail to have your attention grabbed when the Chairman buys c£150k worth at 2.9p+ in recent weeks either - nobody is going to know more than him re the future of these projects - or the financing of them in particular ...

You'll have to go here to see all that missing RNS info of course:

https://www.investegate.co.uk/CompData.aspx?code=MTR&tab=announcements

Morning :)

Copper's having a go at a bit of a bounce right now - IIRC, a raft of Trumptard's tariff stuff has some pivotal date this week/real soon so I suspect we could see a reaction in the Copper price, up or down, based on how the market perceives that stuff shaking out. I think most, including many in the US, would like to see him have his bluff called and quit the nonsense as he's doing more damage than good imo but then he's probably short of course - I'd like to see him win the war against the Fed/bankers though in terms of killing the Dollar/interest rates, that'd be good news for everyone - except bankers ...

That $2.55 copper price we may be be about to Double-Bottom from is a helluva TA pivot to my eye and is linked directly to the all-time high $4.6 price but it can always go lower of course.

https://insideevs.com/tesla-model-3-outsold-bmw-passenger-cars/

Evening.

I don't recall how many holes/attempts they've made to make the contact before though IIRC they had one at T-Rex which proved to be likely sub-economical at c0.5%.

At 1-2% it's a different matter though of course as having taken on board the cost of getting that far down, you then, in theory, simply have to go sideways to attack what is deemed to be a flat but extremely wide seam of mineralisation which over very/many hundreds of metres (maybe even KMs!) can add up to a whole heap of Copper - somewhat analagous I guess to SOLG's big 1% hit some 700m or so down but horizontal instead of vertical.

Again, IIRC, they kept testing for this deep contact on multiple drills but I'm pretty sure this is the first time they've seen such elevated grades down there so if they can prove those hits are fairly consistent around A4 Dome then it could end up being quite the monster new resource, presumably possibly bigger than T3 when it's all totted up from 200-600m down.

We'll have to keep an eye on what they find in further holes down there along with seeing if hole #8 really is a twin for hole #4's 52m @ 1.5%, yet some 400m apart, which could also imply a lot of copper inbetween them.

https://www.bloomberg.com/news/articles/2018-09-05/copper-deal-day-hits-with-a-flurry-of-m-a-for-the-hottest-metal

I watched a Tesla destroy a (very) noisy Impreza on a motorway slip road yesterday :)

Copper slightly improving of my $2.55 pivot again at the mo - a nice DB to $2.9 perhaps if it wants it.