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Strategies & Market Trends : Ride the Tiger with CD

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To: ayeyou who wrote (232795)	1/9/2014 11:35:32 AM
From: LoneClone	Read Replies (2) of 313359

The market didn't like the Barisan PR out today, but I think that is mostly as a result of people not actually reading and digesting what it says. The numbers in the headlines look disappointing at first glance, but this hole was drilled away from the high grade zones that caused the earlier excitement yet still found extensive high grade mineralization, plus I am interested in what the assays from the chalcopyrite from the rest of the hole will show. And even though molybdenum prices are low at the moment and will likely continue to be so for a few more years, the moly values will likely be a nice add-on as they move through the process. Bottom line for me: Barisan is in the middle of outlining a very large porphyry in a part of Indonesia that wants the jobs a mine would bring. LC

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