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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (142463)	1/19/2009 10:44:52 AM
From: E. Charters	Read Replies (1) \| Respond to of 313051

I may be crazy (yaeeuck yuck, yuck, yeahhooie), but I see a trend. I know you can draw 5 not_obviously_linear_at _first dots on a map, and in some case end up with almost more trends than dots, but the southerly and northerly occurrences seem to possess two SE looking strikes to them broadly. If you took the furthest west starred group, of three stars, and take a look at thickness, you could argue for a "likeness trend" of a high NE direction, around 10 degrees Az. But if you also take like-thickness, the next most north group of which AIX and GXS are discoveries, you get a common-thickness trend that has some early promise. It would seem to the way the GXS holes were hitting, (It does not seem to go NW in that area, as the southerly holes of GXS did not hit good thickness) that sort of direction has some potential. The WER stuff further south, where GXS lines up again, lines up with other deposits of similar thickness as well in a low (110 degree Az) SE/NW trend. One thing is missing in this crude analysis is the type of coal. I don't know though that you need the same grade of coal to be in the same age of rocks or the same depositional environment entirely. We can say it generally applies, but I don't know that you can't get a particular formation (Mannville in this case) yielding both lignite and sub bituminous. "The top of the coal at the site of the Goldsource discovery is reported to be about 80 metres below the surface. The coal horizon subcrop would be about 10 kilometres northeast of the northern block of permits Westcore has agreed to acquire. The overall dip of the rocks is to the southwest at approximately one metre per kilometre. Goldsource reported that the discovery coal is black and moderately hard, and believed to be from the Mannville/Swan River group of Cretaceous age. Samples from the first two holes indicate a high-volatile bituminous C to subbituminous A coal rank, an average calorific values (dry basis) of approximately 21,000 kilojoules per kilogram (9,200 British thermal units per pound). Sulphur values ranged from 0.25 to 3.84 per cent, with an average around 1.5 per cent." EC<:-}