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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (725)1/25/1999 6:22:00 PM
From: JAS  Read Replies (2) | Respond to of 1996
 
Guess Greenline got scared off near the close and DS picked up some cheap shares. I was ready to get those .17's and someone grabbed them. Chief... did you snatch those? <ggg> no answer necessary.

Jim



To: the Chief who wrote (725)1/26/1999 6:57:00 AM
From: 1st.mate  Read Replies (1) | Respond to of 1996
 
Election going on in the lands of the NF's and well I am up to my neck. will not be very visable over the next 2 weeks but I will find the time to lurk...Keep me posted...Sun post Chief, way to go!!!

Paul



To: the Chief who wrote (725)1/26/1999 7:49:00 AM
From: Mike Gold  Read Replies (2) | Respond to of 1996
 
Thanks in advance, Chief! A few more comments on the previous drill program. I opened up my investor's package and read some of the geology mumbo jumbo!(I suspect most investors don't bother!)

Here's a few quotes:

"The standard porphyry copper deposit models state that directly benealth a well-developed implosion breccia is a variably porphyritic granitic intrusion. The models state further that the uppper part of this intrusion is subjected to intense pervasisve potassic alteration which turns the rock pink. Near the upper boundary of the potassic alteration is a region of stockwork veins that contain commercial amounts of copper. This is the porphyry copper deposit..."

Chief, the previous drill holes penetrated the Phyllic(sericitic) alteration zone and entered the Potassic alteration zone. It was nice finding that the drilling discovered a couple of the major elements of a porphyry. The problem is, the porphyry minerlization should have been in between the Potassic alteration and the Phyllic alterantion zones! So where the heck is the gold/copper? I realize that in nature, nice geologic models are not always followed but it raises the possibility that the Corin simply does not have a minerlized porphyry. I guess it is quite possible the porphyry exists somewhere else along the contact between the phyllic alteration zone and Potassic alteration zone but has yet to be discovered.(ie-at least not by drilling)

I think I will continue to remain on the sidelines until the IP shows there really is something down there! Your rebuttal comments are welcome!