If I may point out that reading between the lines in the Press Release tells of much good news.
Here is a perfect example:
I have not been very positive about the PURCHASE OF CUSTOMIZED FIRE ASSAY PROTOCOL for a couple of reasons.
1.The first being F/A was for the CDNX.
2.It has no bearing on a metallurigical process.
3.I have some prior experience with Auric.
But now if you read between the lines you will find much to be quite positive about and that is what appears the apparent success of the Fire Assay.
Question for anyone. With all your degrees and credibility on the line would you tell BMD that:
"REL has advised Birch Mountain
that criteria for advancing to the second part of the verification protocol
have been met and has recommended proceeding to part two."
unless you believed it could be done!!!!!!!! Please read carefully.
"PURCHASE OF CUSTOMIZED FIRE ASSAY PROTOCOL
As announced in a news release on January 9, 2002, Birch Mountain has
entered into a contract with AuRIC Precious Metals, Inc ("AuRIC"), Victoria,
B.C., to purchase rights to a customized fire assay protocol developed by
AuRIC. AuRIC is not an ISO registered analytical laboratory and does not
retain a registered B.C. assayer. The contract includes provisions for
independent, third party verification tests using a double blind, chain-of-
custody test protocol. The verification protocol was designed by and is under
the control and supervision of Adrian Mann, Ph.D., MBA, P. Geol., of Ruthrie
Enterprises Ltd. ("REL"), Calgary, Alberta, and Mr. Martin Thomas, M.Sc., P.
Eng., of Lateral Solutions Inc. ("LSI"), Calgary, Alberta. Both individuals
and companies are fully independent of Birch Mountain.
The test sample suite comprises 50 samples consisting of standards, rock
samples and blanks. The test sample suite was prepared by REL and delivered to
LSI as blind numbered samples. The verification protocol is divided into two
parts. In part one, the fire assay protocol was transferred to LSI who
supervised and worked with AuRIC at AuRIC's Salt Lake City, UT, laboratory to
complete the assay procedure on the 50 blind samples.
LSI has advised that the results are derived from a technique using fire
assay. The results from these first tests were provided directly to REL by
AuRIC. REL analyzed the results against criteria established in the
verification protocol including precision of analytical results, threshold
concentrations and quality control provisions. REL has advised Birch Mountain
that criteria for advancing to the second part of the verification protocol
have been met and has recommended proceeding to part two.
Part two involves the analysis of the same test suite in two independent
Canadian analytical laboratories using the AuRIC assay protocol. LSI will
transfer the AuRIC assay protocol and supervise the testing in two
laboratories pre-qualified by REL and LSI. The results from part two will be
analyzed by REL and communicated to Birch Mountain and AuRIC. If the results
meet the same criteria used in part one, Birch Mountain will pay AuRIC a
combination of common shares and cash in return for exclusive rights to the
fire assay protocol on the Company's existing mineral properties and
non-exclusive rights elsewhere.
REL and LSI advise that full details of the samples and criteria can not
be disclosed until part two of the verification protocol is complete, because
doing so could compromise the verification protocol. Full disclosure of the
verification protocol and test results will be made when the tests are
newswire.ca
completed."
jimymac |
