BBX MINERALS LIMITED (ASX:BBX) - Ann: Quarterly Activities and Cashflow Reports - September 2018, 36369063, page-36 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by tubber ↑

Originally posted by asculpeous
Your arguments seem to be based on slurr and innuendo and what to your mind is impossible.Drake are a very successful outfit who have their own independent geologists go over the data.It would be the end of their business if they were found to be backing a scam.

The most recent appointment,Mr.Brito is highly credentialled.

BBX have listed several independent parties to not only help with refining the process but to corroborate the findings.They are highly regarded in the industry.

No doubt we'll both stick to our arguments.I 'm giving them 2 years to "show me the gold".What would convince you of the truth of BBX's findings?...or will nothing convince you as its impossible?
Hi Asculpeous, what would convince me? A thin section of the host rock under a microscope showing multiple specks of gold representative of a 300g/t sample, this would allow for an understanding of the genesis of the gold/PGE's/Sn/Cu (and everything else they claim is there). At these grades the metals show be visible to the naked eye as they are in every other case in the world. Simply saying that the metals exist in a different ionic state which renders them invisible is pure smoke and mirrors, I will add that SEM pics of a 1 micron sized speck of gold or platinum is not enough. In WA gold mines the rule of thumb is if the grade is over 30g/t you will see visible gold with the naked eye, the only time I've seen grades such as BBX are claiming is in an epithermal deposit where the ore was 30cm wide and had chunks of gold and/or telluride hanging our of it and it was so strongly altered it was almost falling apart. To say the rock is massive coarse grained and unaltered means there is no chemical mechanism to deposit the gold, there is not a mineral deposit in the world which is unaltered.

I see talk about lotto odds here, let me put it this way, Every known mineral deposit in the world works to the same set of chemical and physical rules, BBX's 2 deposits are different, that is many many millions to 1....

Tubber

Expand

Thanks Tubber for your detailed views which appear to be an accurate reflection of much of what is known about gold- however there are still non-conforming bodies that warrant research, such as the Urals deposit cited in the paper at
https://www.researchgate.net/public...ng_ionic_gold_species_in_massive_sulfide_ores
An inference can be drawn that native gold may be difficult to see as it is in nanoparticles but much larger amounts can be held in ionic compounds or crystalline form that are morphologically dissimilar to native gold....and hence the need to develop the techniques that BBX is working on.

Perhaps there is an element of confirmation bias: if ores conform to known extraction techniques they are mined successfully....and BBX's ore deposit would have been discovered and mined years ago.

My own bias (and we all have them) is that massive returns are achieved when there reasonable odds of the unknown becoming known...in the mining field .In the intellectual property sphere,new knowledge rapidly takes over rendering the old worthless.Bit different here where BBX has the deposits.

Accepting what is known as the Gospel will deal with most situations, but leads to missing out time and again when confronted with new situations.

It's a bit like the art series "Fake or Fortune"-even expert opinions differ- but if you don't try you'll miss the one that brings a fortune.

Thanks Tubber for your detailed views which appear to be an...