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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Nov 28 9:30 AM EST

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To: EtTuBrute who wrote (5621)8/20/1998 3:36:00 PM
From: the Chief   of 25548
 
Nope, nothing wrong with that theory. But, basically a geologist looks for signs of a "viable property. Even though unaffiliated to the company, he goes out with the idea that the property may hold something. So, for us, its like looking for a building lot, we go from property to property until we find something that attracts us. For geologists, its what he/she see as outcrops, intrusions, etc, etc. If an outcrop is found 1.5 miles away from another outcrop of the same consistency, the speculation is to hope/speculate that they are connected. This assumption than carries forward in the report, which makes the property prospective. If the outcrops are sampled and return mineralization, then it adds fuel to the fire. That in turn causes; money to be raised, and the property to be explored. Giving the geologist a job for the next 4-5 years.

So ultimately the geologist benefits. Now was that the motivation, I don't believe so, but it does make you wonder if the "independant geologist" is independant !

the Chief
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