Ann: Additional High-Grade Gold Drilling Results at Comstock Gold, page-18

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13/09/18

08:33

Post #: 35565401
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Originally posted by jezzathegeo ↑

The point is that there's an exponential difference between one or two rigs and six. If you can find six reliable rigs, at the moment. Every moment Bustrdarse Drilling's antique UDR1000 is down because the compressor valvebox is U/S costs a bomb in fixed costs. But we got it at $30/m fixed rate, aaaayyy!

And in my experience, I ain't seen it done well by a junior at this stage of the game.

Ya gotta get yer data collections facilities right first, and that takes time and money - a real database is No 1, coherent drill contracts, QAQAC protocols and equipment, standardized logsheets and codes, ruggedized laptops, spatial and downhole survey contracts and campaigns, survey protocols, assay contracts, oriented core, geotech logging, familiarization of logging geos, adequate fieldies. . . . Two geos back-to-back and maybe a fieldy can handle two rigs, but for six? That takes an Exploration Department.

If ya don't do this, the whole thing will pi$$ ca$h against the wall for no return, when the Resource geo rejects a bunch of half-arsed spreadsheets.

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OK well, there's a fair bit there that I did not know.

But I ask the question again - are you taking this with a grain of salt?

I am accepting their statements - until proven otherwise. They are running the co, have all the info and are in the driver's seat so to speak!

AMG Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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Ann: Additional High-Grade Gold Drilling Results at Comstock Gold, page-18

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