COD - Coda Minerals

[Sean K]

Well, COD said they had hit a 200m zone of IOCG on 9 June loosly trying to compare it to an Oak Dam or Carrapateena type mineralisation. The market went nuts.

The next two wedge holes were deemed to be very similar.

Assay from the first hole in.

The 200m zone, only actually measured about 150m with the highest grade interval being 1.45m @ 3.4% Cu from 842m.... Hmmm

 

[Sean K]

Little Cod into a halt for more results from the Deeps. Maybe they've caught something this time. Maybe a coral trout.

Two wedges from hole 18, but they announced in the last ann above that they were doing a third wedge and a step-out hole and they were 'advancing well'. They must have changed their minds half way through...

I smell a ? .

 

[Sean K]

Just following up on Coda and the TH mentioned above. These results are in line with the first hole 0018 that did hit a little bit of Cu way down at 800-900m.

I'm really surprised that COD hasn't tanked back to it's price back on 9 June prior to it's ramp of hitting 200m of IOCG mineralisation and comparing it to ODW and Carrap. What they have hit here at almost 1km depth is no where near what they were claiming.