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


To: Michael Bidder who wrote (14352)7/19/2003 11:13:23 PM
From: ralfph  Read Replies (1) | Respond to of 39344
 
Hey Mike

Yah want another one ? Check out Cartaway . There was alot of happy people who swore they had a home run....until the assay reports came in.

Abacas - They had a fantastic first hole in Argentina a number of years back. The step outs came in nada...

And there is always the inverse. Western Copper had nada on the surface and great grades under the ground.

Off to the bush

ralfph



To: Michael Bidder who wrote (14352)7/20/2003 12:00:56 AM
From: E. Charters  Read Replies (3) | Respond to of 39344
 
Don't listen to them Mike, they are the voice of the Devil trying to get you to sell your stock.

Delgratia. The gratia re-assay.

The Tel-Bel. What launched Agnico Eagle. A .50 mine that was salted that later turned out t*o be a real mine at .25.

IPMCF.. more platinoids than you could shake your stick at. Gold too. Great heaps.

Course those were scams. How many IP anomalies and surface showings have refused to drill? A few. I have seen a couple of dozen.

The point here is not what they have got so far. I believe they have more high grade veins. The point is is there any reason to believe that their averages hoped for are there with any certainty in that seemingly wide conductive/chargeable zone? The answer is not really. The width of a pseudo-section at depth is created by the pot spacings, which map the zone at that imagined depth. But this I mean the way they create that depth profile at depth 1 is to take the pots at a greater spacing. Then they space the pots out again and create the next deeper section from that reading. They are imagining that the conductive readings so created byt the wider pot spacings correspond to greater depth. This was the pioneering IP imaging technique of Phil Halof in the SW states and he called it pseudo depth profiles and sections. It worked well with sandstone and limestone hosted porphyries where true width and chargeability width are almost the same. But with narrow conductors it can deceive. A 6 foot wide chargeable conductive zone at depth can look like it is 100 feet wide with the wide pot/receiver spacings. You get ever greater width indicated by the wide receiver spacings. It is obvious if you think about it. A deep conductor that is narrow may be plotted by a 300 foot wide pot space, which sees its charge.

In a case where there is uncertainty of the big one you can bet that the max discountability will be written into the stock prior to announce. Sell before then. You save money 95% of the time.

EC<:-}