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To: AuBug who wrote (41812)6/4/2007 4:16:55 PM
From: E. Charters  Respond to of 78422
 
Well it is a lens. They all are. But how large* is the question. It does appear to have somewhat differing content to the other showings, which for the most part are represented by the Hughest group as low grade. However they are right on strike with Liberty and I know some of the Liberty "veins" are actually strata and are up to 17 meters wide. As well they contain similar overall metal content as when they are narrower generally they are higher in metal content. I view the wider GCR stuff as an anastamosed layering of the vent materials.

* How Large and How Long were two brothers who opened a Chinese restaurant in Kirkland Lake with Charlie Chow. (Large was Long's big brother.) Chow did most of the cooking, while Large weighed the meat and Long cut it. He bought them out because they kept complaining about the time it would take to prepare meals and the portions.

museumsnorth.org



EC<:-}



To: AuBug who wrote (41812)6/5/2007 12:14:59 AM
From: E. Charters  Read Replies (1) | Respond to of 78422
 
Correction to my post. The Hughes group represents the other showings in the area, particularly to the north, as narrower, not lower grade.

The other showings are for the most part, higher grade than the Hughes/GCR showing or discovery but admittedly not as wide. However it should be pointed out that the Liberty stuff does go to 17 meters. Not 70, but not bad.

The total nickel content as I pointed out in one of my posts previously is about the same in the area showings/deposits in order of magnitude as the Hughes showing, which points to the vent system of GCR being roughly the same sort of volume as area showings. The Liberty drill holes which go to 6% Ni and some of the Inspiration drill holes contain 1/2 to 60% of the nickel contained in the 72.5 metre 1.14% Ni GCR drill hole.

The GCR stock price is just about fully discounted for a small to medium sized ore body. If one figures that the GCR showing after feasibility will be about 1/3 drilled off if it fits practice, then you could say there could be room to move on the run-up, but stock prices are rarely discounted to the maximum size of the ore body, not yet found.

If GCR is a huge orebody, then it is not of course discounted, but this is very hopeful speculation.

EC<:-}