GTE 0.00% 2.8¢ great western exploration limited.

Ann: Greenfields Gold Discovery at Yandal West Project, page-105

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  1. 230 Posts.
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    ASX sensibly forced the company to republish their announcement together with ALL of their results including the numerous holes with No Significant Assays and located sections illustrating the drilling. All you have to do is register a complaint!!

    Still see GTE resorting to their old deceptive habits of applying smoke and mirrors to their reports. In this latest version (which will also probably need to be corrected) GTE have combined high-grade 4m composite results with sub-grade material in between to try and create longer, ?more-impressive? intersections.

    In their "key" section B on p13, it is apparent that they stuffed up royally with their weighted compositing of assay results.

    To explain simply, let's try to subtract 4m @ 6.19 (24.76 g*m) and 4m @ 2.8 (11.2 g*m) from 20m @ 1.64g/t (32.8 g*m) . The result is negative which means there must be "negative gold" in the 12m of crap material between these two high-grade intercepts. In this case, there is also cause to suspect that the second high-grade intersection may simply be down-the-hole contamination from the first intersection (?intentional?).

    This is definitely a ten-bagger from my perspective (as in I will have to bag them ten times to get them to provide unbiased, professional reporting of data)
 
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