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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: toma who wrote (12197)8/11/1998 12:12:00 PM
From: the Chief  Read Replies (1) | Respond to of 34075
 
Hi toma. as for the 1000 samples. if this is indeed the case, i agree that "verification" is likely not possible...but, well placed, these samples can tell if Guido's report has merit - while not committing to any particular inferred amount - this appears at a minimum, to the goal of GE.

That raises the "other problem" with placer deposits. You can grab at position "x"(Guido) move over 5 feet and sample at "y"(BD) and find inconsistent information to support "any" theory!!

the Chief



To: toma who wrote (12197)8/11/1998 1:47:00 PM
From: rjbac  Read Replies (2) | Respond to of 34075
 
Toma,

I guess I should have said with the information available at this time IMO they must not be doing a complete 3rd party verification. Any fool knows 1000 samples ain't going to cut it. But that is only hearsay isn't.... maybe Sabrina meant to say 100,000 samples...

Bac



To: toma who wrote (12197)8/11/1998 11:52:00 PM
From: Claude Cormier  Respond to of 34075
 
<<as for the 1000 samples. if this is indeed the case, i agree that "verification" is likely not possible...but, well placed, these samples can tell if Guido's report has merit >>

Well, if no numbers can be derived from such a small amount of samples, the conclusion will be that Guido's numbers cannot be substantiated. IOW, there is gold, but nobody knows how much. It could be 242M ounces but it could be a few hundred thousands..