“There are 900 copper occurrences in South Australia, many amenable to the ISR process. EnviroCopper is looking at just four of these occurrences with South Australia, amounting to potentially 2.5MtCu,” EnviroCopper Managing Director and Geologist Leon Faulkner stated.
Why do you feel a raise coming? According to the latest Quarterly Report, Thor has $2060,000 in the bank, so don't see any need for a raise anytime soon. They also have shares in POW, which they can sell, if they so wished.
The shares they hold in POW could be used if they so wish. They are limited to selling 25% if memory serves me. Obviously they need POW to be over 2.5p, but with POW spinning out Golden Resources at some point things might get very interesting in the next couple of months.
A new interview with Nicole by Noel is about to be released within the next day or so. Keep an eye out for it, as it might cast more light on what's going on in Colorado.