Theo; In defence of Charters most of what he says is quite true regarding his prospective properties near Timmins.
I do not agree when he say IPM is a scam, a vacuum of information is not a confirmation of a scam, it is a hiatus within which no decision can be made.
The jury is still out on IPM, and it is a specualtion, pure and simple. Once they start to sell 100 tons/year of platinum you will be able to rely on their assays.
It is quite easy to do a good assay for platinum, if you want to pay for it and wait for it, Done internally a nickel fusion would cost $50 each($100 from outside) and take $200,000 worh of equipment.
It is suspicious in my opinion that a few of these are not quickly done(were not quickly done way back) by BD to define matters.
They can work to get a fire assay that costs under $5 internally at leisure, with the SH content to know what was there from the few nickel sulphur fusions that were done.
This level of due diligence could be done for $1000, more or less,(and should have been done way back), instead we get this BRE-X like cloud of mystery(I am sorry if you do not find this appealing, but the point is valid) that endures for far too long.
There is a tried and true concept in jurisprudence called wearing a mask.(or a flag in some areas) If IPM wears the mask(flag) of a fraud for long enough and does nothing to dispell it, then the mask(flag) settles into reality. Like if it walks like a duck, and talks like a duck, and hugs Daisy, and has bad luck....... it must be Donald.
So IPM management for around $1000, or so of money paid out could do a series of NiS assays on a known hot spot freshly auger drilled to be in pay dirt, and witnessed by Thall(or Lew and Thall??), could forever cast off this mask. When they do not do it, they are wearing the mask of a fraud, and they have worn it for so long now that I and others are quite suspicious if it will ever come off.
Bill |
