Thursday, February 18, 2010

The 0.74% copper poker head-to-head


Two junior exploration copper juniors sent out news releases within minutes of each other this morning. Bizarrely, both drill holes returned the exact same amount of copper at 0.74%. Plenty of other coincidences too, as both are working Peru and both found good mineralization. But one was simply "good" while the other....well, click through and have a look for yourself. So it made me think of this:

Apoquindo (AQM.v): "I bet 177m of 0.74% copper."

Antares (ANM.v): "I'll see that and raise you to 750.65m of 0.74% copper."

Apoquindo: "Fold."