Let's say the Quantec Survey on Tesoro wasn't picking up gold in the anomaly, but copper. What would that be worth? I know there is gold at surface and the whole walks like a duck etc. but what if it was copper instead? Clearly it would still have value, but not nearly as much as gold.
I was reading about another of Quantec's surveys at the following link which got me thinking about this. http://www.quantecgeoscience.com/Q_docs/CopperPorphyryExploration-KemessCaseStudy.pdf
I don't seem able to find a price for copper in the ground. Suggestions? Thoughts?
I guess I'm confused by the exposure we've had, yet investors from other countries haven't jumped on board when they hear the story, the way people I know have. I'm not about to sell, I'm just trying to understand the thoughts of others. I know, the drills will tell the story. Just trying to keep my brain busy with hypotheticals in the meantime.