Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jpthoma1 who wrote (139)	10/11/2001 8:51:40 PM
From: geoffb_si	Respond to of 39344

Hi, JP: Your points are well-stated. RE: Your question, "geochem anomalies disappear a few feet below surface". This is an excellent question. I certainly agree that this is a mystery, and I believe it would have been in the company's best interest if mgt had tried to get more information in the 3rd dimension than we have. I'm not satisfied that this issue was properly handled in the sampling. Please allow me the night to review what Mosher says, and perhaps compose a few of my own thoughts. Geoff

To: jpthoma1 who wrote (139)	10/11/2001 8:56:26 PM
From: russet	Respond to of 39344

<<<Let me ask you one question? How do you explain the fact that the geochemical anomalies disappear a few feet below surface?>>> The area is an alluvial feature. It is possible that isolated vertical discontinuities exist because of flooding or temporary inland lake events. We all know how older rock can end on top of younger rock, and older loess can end on top of younger stuff. The cheapest way to determine what is what is to just send the reverse circulation drill in and drill a couple of fences. Don't think IP would work except downhole because mineral concentration in loess would hide deeper deposits. The wells have tapped the various vertical layers and have yielded metal rich sulphide rock cuttings from undetermined depths with concentrations of metals greater than the loess which suggests the wells tapped bedrock that may be a sizable uneroded deposit. I'll admit I too have sold off to my freebies so I'm not much of a gambler either, but past experience reveals its better to lose a profit than lose my capital:-))