Coug:
"Mr. Gold,
I followed a link over to this thread because I have an interest in small EXPLORATION COMPANIES, and reading some posts and going to their web page I consider MDIN a very junior EXPLORATION company only, and not a MINING COMPANY unless they have a profitable mining
operation somewhere.. Maybe you can fill me in."
They are removing ore from the Catan vein so I guess that makes them a mining company.
"Also on your statement about 70 meters of MASSIVE SULFIDES, that seems to be a stretch to me since they reported only a sulfide zone..
which was mainly pyritic, Iron sulfides.. Probably IMO, diseminated.
to what percent, who knows.. Carrying precious or base metals, who knows.. Pyrite is a very ubiquitius mineral.."
Disseminated-no. Massive-yes.
"On two reported holes, how can they state they are on the eastern
edge of a large porphyry system?? Who knows.. The IP anomaly?? which
detects the presence of sulfides, fe, cu, etc.."
Results of IP survey done on the entire area, geological field work, diatreme breccia pipe outcropping, and a previous drill core done by the former land owner. In addition the restivity survey shows silification associated with the polarized bodies. Line E of the IP survey shows a classic pant leg anomoly. The initial drilling was done to the East of this feature. Furthermore, several indpendent geologists agree with MDIN's assement-is that enough for you or do you want me to continue?
"Also, IMO, to lend credibility to a PR.. how can they go from metres
to square feet??? when reporting intercepts.."
I think they meant feet instead of square feet.
"IMO, the best part of the PR, was the REPORTED presence of Cu and Moly, which in economic quantities can be minable.. GRADE and TONNAGE
being huge.."
I disagree. The best part of the newsrelease was what was not said..
"IMO, it is just a high risk prospect.. which may or may not hit.."
I respectively submit that you are wrong and that they have already "hit".
Cheers!
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