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Gold/Mining/Energy : Barramundi Gold

BAM 54.37

+0.6%

Nov 3 3:59 PM EST

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To: wtfigo who wrote (80)	8/10/2000 8:02:54 PM
From: zebity	Read Replies (1) of 99

BAM Geological Interpretation Required Peter, You are right there needs to be a release of the information in a form which has undergone geological interpretation. If BAM management is concerned that this may be missleading then they simply must make such assumptions and interpretations clear. They should state what the drilling is targetting: the hypothesis, and whether this has been proven, invalidated or inconclusive. An example would be from the previous drilling, where I think the aim (this is extremely speculative ;-) ) was to see if the intersections over two widely spaced drillings areas were hitting the same geological feature (ie type age etc). This would then indicate that the feature must be continous from A to B. This information is more important than the actual gold content in terms of mine design. Currently BAM have not released a simple statement that says something like: "Newmonts drilling has confirmed that there is a single continuous geological feature going from A to B of thickness X and the intersection so far indicate that this feature has gold content in sufficent quantity to be a viable production mining target. However it needs to be understood that only less than 1% of the feature has been sampled at this stage and so the next step in out drilling program will be to perform further samples to qualify this." Simple hey ;-0 . Come on BAM you can do it ... give us non-geologist a chance of supporting your endevours. Give us information and plans that make sense. Cheers. Zebity

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