The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
https://twitter.com/Mojo98997270/status/1460229655529721859?t=DiPsfkPSIrEpVT_QLu0rrA&s=19
Very little stock to buy and very few sellers left. Can only go one way at present. Positive news will drive up the price
https://twitter.com/Mojo98997270/status/1459855194922135558?t=8wjF3nH_NFMFLUffaomJDA&s=19
https://twitter.com/Mojo98997270/status/1459514773251530755?t=O3giM0QyaTrU_HsfWq97EQ&s=19
Up , very cheap at this level
https://twitter.com/Mojo98997270/status/1459074583177445390?t=eyS_OXUwb9dQ_6NFAChyHA&s=19
Duplicate samples have been batched and dispatched to Jubilee Metals Group ("Jubilee") for test work;
-- Further trenching over the ROM Stockpile will be undertaken in the next 7 to 10 days with a view to achieving sufficient coverage to permit a Mineral Resource Estimation;
-- Other trenches are being excavated and evaluated across the Project area in parallel with the ROM stockpile programme.
Over 160 metres ("m") of trenching extending to a depth of over 4 m and a width of 2.5m have revealed a potential resource for copper that exceeds all expectations in terms of both tonnage and grade. The ROM ore surface layer is now known to extend to up to 3 m and comprises ROM ore that has remained at the current location since the termination of historic operations some 50 years ago. The surface zone contains visible copper oxide and sulphide minerals and is also expected to host an as yet unknown grade of gold.
This surface zone is immediately underlain by a highly enriched zone varying in width between 30 and 50 cm hosting visible copper mineralisation and running at significantly high-grade copper values, peaking at 17% Cu but more typically at 6-8% Cu. This enriched zone, the copper values for which are reported here from indicative XRF records as an interim measure, has been created by the leaching of copper from the overlying sulphide ROM ore and its redeposition lower in the trench profile at the point where the copper-bearing solution meets the underlying carbonate-bearing soil. This high-grade zone is then underlain by a further zone containing lower grade but still significantly elevated copper values.
https://twitter.com/Mojo98997270/status/1458431024870866949?t=hCNSTKYZrV02cKPSBp-hsA&s=19