We can always remain skeptical regarding the markets reaction to news. However, logically, an "initial calculation of 33-41 Mt" would imply most expectations will be exceeded (see article below) .... We've seen the tweets, articles, strongly leading to the suggestion of good news (exceeding estimations) and the potential growth for the company IMO. Leading into a scoping study, I am a firm believer that IF results are validated and estimations are met or exceeded ... I would tend to agree with PG's statement .. "Don"t underestimate how high this share price can go".
Only time will tell. Article was a good read. Thanks to @happyonlithium for the link.
"Celsius has a 95% interest in Opuwo, which spans a massive 1,500 square kilometres. Highly encouraging assay and metallurgical results have been flowing in throughout February, demonstrating a very large and consistent mineralised system. In February we started writing earnestly about this company, noting that it had confirmed mineralisation in a zone of more than 15km with strong potential for adjacent and parallel systems. The company has calculated an initial target of 33-41Mt grading 0.13-0.17% Co and 0.45-0.65% Cu over an 11km zone down to depths of 150-250m."
https://www.linkedin.com/pulse/cobalt-play-one-talking-lara-smith
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