Hi Everyone,
We told all subscribers yesterday that we truly do like ACCS as a company and that holds true today. While it will take time to make up for the uncontrollable outcome of the trading we all witnessed, we believe this could be a good start to redemption.
African Copper Corp. has received a NI43-101 compliant technical report on its Pinette Copper-Silver Property Under Acquisition.
To highlight some of the report see below and maybe you will understand why we still believe there is so much potential for this great company:
The African Copper Pinette Property licenses occupy a long corridor within the Ghanzi Copper Belt, covering approximately 390 kilometers by 40 kilometers (11,091 square kilometers). Located within the Ghanzi and Ngamiland Districts of northwest Botswana, the project area extends in a northeasterly direction between the nearby towns of Ghanzi and Maun.In 2010 the raw data from an aeromagnetic survey flown at 200 meter line spacing over the subject license areas was acquired from the Botswana Department of Minerals, Energy and Water. The previous operator then completed a review, re-processing and re-interpretation of the aeromagnetic data in order to determine the copper potential of the Pinette prospecting license areas. The study and conclusions obtained by African Copper on the Property suggested that the potential exists for the strike extension of copper mineralization hosted within the contacts of the D'Kar and Ngwanko units in nearby Hana Mining's property to extend northeast within the Pinette PL080/2010 prospecting license area as well as into other sections of the African Copper Property to the south. A conventional and MMI soil geochemical survey was carried on the Pinette PL080/2010 prospecting license of which several Cu anomalies were identified and correlate with the favorable Cu-horizon mineralized host rock that hosts Hana Mining's Zone 9.As with the mining companies currently working in the region, African Copper believes that a high-resolution aeromagnetic survey will be successful in identifying both the known and prospective horizons on the African Copper Property.We especially like that "the Property suggested that the potential exists for the strike extension of copper mineralization" because this could equal to astronomical revenues in the very near future.
While we could have put our heads between our legs and licked our wounds we felt it was our duty to alert subscribers to a potential rebound.
At the end of the day we need to look at the numbers here, many investors obviously liked ACCS at $0.13 and saw it climb all the way above $0.19.
At ACCS"s current levels investors are looking at a potential opportunity for the stock to return to the teens and help everyone see VERY healthy gains.
Happy trading!
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