GPP 0.00% 0.1¢ greenpower energy limited

Just to be clear on my theory, I suspect there is a geological...

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  1. 6,289 Posts.
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    Just to be clear on my theory, I suspect there is a geological fault line or similar event going from 1 to 3 (or just left of that) causing a dip which has been infilled by another magma event in the historical log forming the 'younger' granites in 4 and 5 encountered there and suspect the new hole 6. That is if the geology there is the same as 1 and 3, the 'similar' geology is a lot lot deeper in those parts meaning the granites been intersected now are younger than those intersected around 1 and 3 (just a hunch) in that area because the granites near surface have been formed by a different geological event left of 3.

    But obviously no comment so far from the on ground geo so guessing this. The Li20 recordings from rock sample - those boulders there between hole 3 and 6 - I suspect are slippages in rocks coming from the area around 3 at a point in time when the geology was been reshaped in the area left of hole 3 by a subsequent event. Just a thought. That is my theory and why I am expecting not so great results where the current drilling is including hole 6, unless that fault line is around hole 6. If hole 6 is good will revisit this theory but these are my current thoughts. All IMO

    If anyone else has a theory please share.

    Anyway the risks here are increasing so people need to make decisions around risk versus capital preservation. Time will tell. I will hold simply because can offset losses against gains, so time will tell but would like them to drill a hole between point 12 and 13 of that map.

    All IMO
    Last edited by Scarpa: 07/05/18
 
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