John, I probably mis-spoke myself. Or as Yogi Berra was once quoted: "I really didn't say everything that I said."
To be honest, I can't remember his basis for that conclusion. I am not a geologist. All that technical jargon gets lost in my cranial recesses. But I do remember his supposition that enhanced ore values were likely to be found at that level, and that there was a possibility of a strata of very high grade platinum at that level, which I believe he said was from 1000-1500'. If you have any doubts at this point, I'm sure Dick Jensen can confirm that INCO's geologist made the supposition.
But, let's keep our eye on the ball. What we need, and I believe what Jensen is now working on, is to achieve cash flow which will confirm the R&D accomplished to date will make us profitable. I only mentioned it because I have read the report (albeit 8 or 9 yrs. ago), and I thought it would be of interest to all GPGI investors. In other words, if INCO's geologist said it, it a'int "hype," as far as I'm concerned. He was merely making a scientific "guestimate" not attempting an absolute conclusion. I would not advise anyone to buy GPGI stock based upon the report supposition, which may, or may not, ever be proven to be true.
Regards,
JW |