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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Wayne Whalen who wrote (67772)10/29/2009 6:31:07 PM
From: russet20 Recommendations  Read Replies (5) of 78402
 
Hank gave you an piece of data about past drilling down dip you should think about. Imagine a 4 foot by 8 foot piece of 1 inch plywood representing a flat vein of pure gold in the ground. Most geologists would drill 90 degrees to the face of the sheet and get an intersection of 1 inch of gold called the true width. They would then drill holes a regular spaces through the 1 inch board until they failed to hit and use the data from all the holes to estimate the dimensions of the board like vein.

Now imagine if Frank Callaghan decided to drill down the width and/or length of the board instead and generated several intersections of between 4 feet and nearly 9 feet of gold making the body of gold look much bigger in three dimensions than the flat sheet it really is.

So what is Frank Callaghan really doing, and what are the true widths of his vein intersections?
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