Remember all these stage studies are only yes/no decisions on whether to move to the next stage. None of them mean you are going mining, there's no mine till every stage is completed, permits approved and the necessary financing arranged.
HudBay Minerals has matched VMS's Reed Lake success with a discovery hole consisting of high grade copper mineralization - their first drill program outside of the Reed Lake deposit on an adjacent optioned property.
Currently 180,000 people a day move from the country to the city. Urban infrastructure devours copper. Over the next 12 months that demand might drive investment dollars into juniors with big resources like Catalyst Copper.