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Strategies & Market Trends : Ride the Tiger with CD

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To: E. Charters who wrote (104531)1/28/2008 7:03:46 PM
From: ogi  Read Replies (2) of 312486
 
Personally I am looking for a little better than .3% for CN.
I would prefer something over .5% preferably over .6%, since we have historic mining of copper gold silver , lead and zinc on the outer edges of the anomaly, plus extensive soil samples showing the same then there is good reason to hope it is carrying some PM content. How about .65% cu and .55 g/t au.

You mentioned size:
"If it all drills off at 0.3% it could be a buy. 1000 metres by 2000 metres is a fair size orebody."

Yes it is a very large target, in fact here is the company's description of its size:

The Ocros property covers an intensely altered and extensively copper-mineralized system now extended to 3.5 by 2.5 kilometres in area (close to nine square kilometres) and exposed over a vertical extent of more than 700 metres.

First two holes mineralized and 500 metres apart, size is there, grade is the issue and only the assays know for sure.
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