Hi Patrick. I appreciate the difference between understanding and conversion, but I would still like you to comment with more substance on my last post concerning the years of geological experience that have come up with such large claims. How do you explain it? How is it you can second guess them with such little data on your side?
Thats what it all boils down too. Second guessing is what investors have to do. Very, very rarely have I received "accurate" information from a junior. It is spun, colored, maneuvered, manipulated, promoted, inflated etc. etc. So how do you determine whether or not to invest? Well, you read everything you can.
Precede all statements with "the Chief thinks" 1st thing. no drilling to determine continuity to depth 2nd thing "Grab samples were too small" 3rd thing. Grab samples were previously assayed at 1-2 g/t. Then a statement is made in Guido's report that says that the "part of the grab samples previously discarded" hold the "micro flakes". A Grab sample is to be "shipped intact" without "discarding" or "adding" any material!! 4th thing. Not all previous assays would have disgarded the "micro flakes" which when subjected to fire assay and/or cyanide would have returned big numbers, numbers we did not see before. 5th thing. I have "never" known a geologist to "grab" where there is no chance of gold never. No geologist ever grabs dirt, and sends it to an assayer, only to have the assayer say, "you sent us dirt"(assaying costs $$$). So "grab" by its very nature is "suspect".
We have put our money where: lots of history and years of geological experience are telling us there is lots of gold. I have nothing else to go on except this. On the other side I have 4 or 5 mining INVESTORS who have never proven up 1 ounce of gold telling me there is not enough evidence to accept these claims.
You have NEVER seen me write anything that has told you to be suspect of anything that has been written by GE! I have informed this forum why I, I'll say it again "I" have problems with some of the data. That does not make it suspect, I realize that is a subtle difference, but nonetheless there is a difference.
If I have a perfect Corvette, and you find a dent, its still a perfect Corvette to me, you may think otherwise, but it doesn't affect my opinion of the car
Honestly, you guys can "load up" with as much GE as you wish. You have made your decision. I haven't yet..... your lucky.... you don't have to worry about making a decision, you've done it, I haven't yet.
the Chief |