Can you please elaborate, your post is somewhat cryptic, or maybe it is sarcastic? I thought you were quite optimistic for mine, that post makes it sound like the sampling is all a farce (?).
My understanding is that there were many many samples taken over a wide area at sufficiently representative depths that 6.4M proven means there is a good chance there really is at least 6.4M proven.
If it is all bullshit, then these people have an awful lot of nerve--plus, having read over the bios on the parties involved, looks like these folks do indeed know their stuff and have done quite a lot of legwork, it is not as if this story was made up overnight.
I followed the thread for weeks up til around May 1st, and I always remember telling myself that if they ever got the damn report out, this would be easy money. Well the report is out, and it was a couple million ounces better than I think the better expectations/speculation on the thread. I remember one fellow was calling for 5M and that was so good, I dismissed him as a hypster at the time--well, he was actually pretty close.
Your pessismism (?) warrants a check into your recent posts--If you have a good track record, I may have to lighten up--or did I simply misunderstand that post? Also have a private message into another fellow who is pretty savy, will weigh his thoughts too. Funny that up til now I have been very confident, perhaps too confident.
On the other hand, I would not be surprised if a handful of savy SI members were trying to talk this down in order to get in cheaper before the news shows up on CNBC. |