CYL 6.25% $2.72 catalyst metals limited

am i missing something here. grades are poor, page-12

  1. 21 Posts.
    Joooooles
    Sorry mate you still get the grades wrong for KMN.

    You're quoting the MoS2 grade when you mean equivalent grade. Check out Kalman report September quote
    "Drillhole K19 intersected 329 metres @ 0.46% Cu, 0.23%MoS2, 0.22g/t Au,
    (0.31% MoS2Eq or 2.51% CuEq) from 329m"

    Note the 0.31% is MoS2Eq. Small letters that make big difference.
    So the intercept contains
    329m at 0.23%MoS2 = 0.14%Mo.

    Notice how the saem grade now sounds about half? Same problem CYL have by not reporting their grades in MoS2 or Eq as well.

    And note it starts at 329m depth too. Although their tables show it starting at 193m so some of the data in reports seems buggy.. Dunno why you think extra depth is a good thing compared to 0m on...

    Overall still some kick ass intercepts for KMN but plot em out. Very short in strike. Tonnes take a hit on u/g ,all development in waste. Metallurgy nightmare. Seen radioactive concentrates for sale lately? Some those minerals arent bonus theyre penalties.

    Still could work. Maybe like CYL an each way bet? Both would benefit from bigger more technical teams probably. Interesting deposits. Totally different though.

    Apologies for all the KMN stuff here instead of there. And not much else to say on CYL until they get into it or leave i guess.
 
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