Member Info for copperman

No deal Brexit worst case scenario not looking good. House prices down 35%, pound plunges. In other words, sell your house and buy ARCM! Lol! Copper / cobalt is USD denominated, and ARCM should make a capital gain! :)

I’m invested in ARCM as I see my downside protected by the value of Casa and Zamsort is in for free. Most gold companies at exploration stage are valued at USD30/oz gold resources. Casa is DRC so I apply USD10/oz. With 3m oz of gold that suggests Casa is worth USD30m so around the current market cap of ARCM. So at this share price I have a free option on Zamsort which should deliver the goods. Risk / reward profile looks good.

The copper price is showing signs of life, up yesterday on LME and copper stocks in Australia up overnight.

Good research note. SP Angel analyst has conservatively guessed a 1200m x 200m sized deposit containing 135,000 tonnes of contained copper equivalent. If reality is 1.5km x "several km" then a bit of simple arithmetic will tell you that we could have a 1MT+ contained copper equivalent deposit. These deposits get sold for hundreds of millions of dollars not tens of millions. Depends a lot on the grades and I expect we will see some better grades announced shortly.

A good interview with NvS just posted on Twitter. Key points for us - they have drilled up to 500m West and think the copper could extend to 1.5km, and going North 600m and could stretch for ‘several km’. In other words this is a big deposit. And grades ‘better than First Quantum’. Diamond drill results due in the next week

Some new charts posted on the ARCM website. From the cross section it looks like holes KRC006, KRC007 and KDD002 (results to come) will be more promising than the holes announced today given the lengths of intersection with ore. As they said in the press release the thickness improves as they go North

"To date, 19 diamond holes have been completed totalling over 2,800 meters and 14 RC holes for over 1,000 meters." We've had results from only 4 out of 33 holes. I expect we will see drilling results at least every 2 weeks, and probably another batch next week.

I don't think we have enough information to make a judgement yet on the grades of Cu and Co in this deposit, although it is shaping up to be a very large, near surface deposit. Now they are beginning to understand the geology, I expect they will target drilling at the promising areas.

I don’t think the 80m+ mineralisations discovered from diamond drilling have been released yet. These are the holes to the North no doubt.

We now have confirmation of a potentially massive copper/cobalt deposit near surface. This will work. Sounds like grade and size will go up as we go North.

A relief to see the grades from the first few drill holes. These Cu and Co grades are economic as they are near surface so we have a nice open pit copper cobalt mine in the making here. Very interested to see more results to the North where apparently there are larger intercepts. This could be really big. Hitting copper in every single drill hole is nothing short of remarkable and suggests we have a big deposit here. :)

#ARCM Drilling activity continuing into the night at the Kalaba prospect at our Zamsort copper cobalt project in Zambia. Drill team working 24/7 means that we will have a steady stream of drill results, the first of which are expected soon

No mention of MTR in the Arden note. Also no mention of ARCM, another upcoming copper play on AIM in London.
Not sure why anyone would bother to read the Arden note as they have completely missed the top 2 copper exploration stocks! Guess they don’t like exploration.

Still waiting for assay results. Hopefully first batch next week. Want to see strike length too so we can work out how big this deposit is. If the copper / cobalt is all near surface then this will be a home run. Once drilling results released I expect ARCM will get ramped as news hits the industry press and this becomes London’s go to copper/cobalt play. :)

The next announcement from ARCM is all about copper and cobalt grades. The copper is important, but the cobalt could be the real kicker as cobalt is 10x the value of copper per lb. Everyone loves cobalt as we are into EV and battery world. I think we’ll see something announced this week.

A bit odd that people are selling just before assay/drilling results are due to be released, probably next week in my opinion. We were told on August 14th that 3 drill holes struck 80m of visible copper mineralisation. If the grades are 1%+ Cu and near surface, then this will be great news and will end up being a massive, low cost open pit mine that will get taken over by a mining major.

Don't understand why people are selling when the share price is about to triple!