Hi Blythefan Would you care to update this assessment with today...

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grubarura

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28/11/17

11:04

Post #: 29172761
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Originally posted by Blythefan ↑

There is not direct comparison with the SA example. The GSWA mapping in the Yerrida is 1995-1998 with a few smaller efforts on certain units (mostly the Frere Formation) since then. There is geochem coverage of the 1;250K sheets in the area back from when the survey used to do this sort of stuff.

The reality is, there's more information in the heads of certain geologists who have worked in this area extensively than there is in the GSWA mapping. But not everyone has seen every rock. So I take GTE's interpretations on face value, and try to relate it to what I have seen in the basin (full disclosure,I work for a company with a project in this area, and no you won't find out who). This is mow my 4th go in the area.

I have invested in some competitor companies, made a bit here and there, and lost a small amount on Riva, because I was wrong. C'est la vie.

There's still a lot of potential. But getting punters hyped up for a few weeks only for it to evaporate when the next drill hole fails is not my favorite way of exploring. We need geo's to be trusted with a long term strategy based on good science - we all know what happens when the market gets overdone on very risky stuff (eg; Riva).

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Hi Blythefan

Would you care to update this assessment with today announcement results.
Thanks in advanks

grub

GTE Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Hi Blythefan Would you care to update this assessment with today...

Top Stories

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InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

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