Ann: Independent Review Confirms Increase in Cyrano P50 Resources, page-6

Reminds me of vintage Pierpont!

put out a press release lauding the analysis of its "outstanding conceptual geologist" Ian Martin. "Using his unique conceptual model, Dr Martin has defined a huge geochemical anomaly covering eight square kilometres", Maldon panted. "This anomaly is believed to be the largest geochemical anomaly ever defined in Australia. Anomalies of this size are rare by world standards and may define a new mining province bigger than Kalgoorlie or the Carlin area of Nevada in the US." The good doctor estimated Mt Dockerell's resources, then prudently discounted them by 80 and 90 per cent before coming up with a valuation of $2.1 million for the prospect. Well, if Pierpont owned a gold prospect that could be another Kalgoorlie or Carlin Trend, he would drill a few holes in it. Maldon, probably working on the theory that many a good mine has been ruined that way, did no such thing. It farmed Mt Dockerell out to First Investors Resources, which was part

pip pip!