MCR 0.52% 96.5¢ mincor resources nl

Is lithium the next focus?, page-40

  1. 8,188 Posts.
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    Hi Es,

    Misleading statements?
    What are you trying to say here?
    I wrote:
    They seem to be sitting on a very lucrative lithium resource and the drill bit will not lie.
    In good English this means: that they could possibly be sitting on a very lucrative lithium resource.
    I also mentioned that the drill bit will not lie, implicating that once they start drilling we will know the true.

    A mineral resource is:
    Mineral deposits can be classified as:
    • Mineral resources that are potentially valuable, and for which reasonable prospects exist for eventual economic extraction.
    • Mineral reserves or Ore reserves that are valuable and legally and economically and technically feasible to extract

    I did not even mention the word mineral resource but just the word resource.

    A resource"' is a source or supply from which benefit is produced.Benefit could even be translated in a higher share price as you saw with ESR till a few days ago, they do not have a jorc resource but they could have a resource if we have to believe the old cores just as it was with KDR.

    You know me better then your one line posts about being wrong, I have been riding KDR from the very beginning but yes if you feel you can gain some points and attention with those kind of posters you do it.
    so if anyone is wrong its YOU.
    Not only that before Lithium went crazy I was invested years ago in various Lithium brine producers.


    Lately you believe you know it all and you have become rather aggressive to those who do not blow your trumpet.
    ESR should be a lesson for you, as not long ago you even thought that ESR is the best thing you found in Lithium.
    You need to remember one thing, you know as much as all of us.
    Nice pictures from the companies website will not help you in this, because there are always greater forces who will take care that it will not all happen in a straight line.
    ESR is a perfect example.
    Besides this most of us have always enjoyed your posts.including myself, as you spend a lot of time researching and feel very passionate about it.
    I respect that, but they way you starterd down ramping KDR was not needed.
    A few posts is enough and I am sure everyone gets the message.
    Saying that KDR will stay around the 50 cts level during the court debacle you watch it and prove me wrong.
    They are not hot air but have drilled out their resource.
    Mincor and ESR still have to prove that all but I do give them both a very good chance of success.
    We all now that core samples, like drilling results do not lie.
    So I hope this will make it clear what I tried to put across with being a seemingly (potentially) lucrative resource.
    And just for your information I am invested in KDR , ESR and MCR.


    jojo
    Last edited by jojosydney: 02/02/17
 
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