LNY 0.00% 0.6¢ laneway resources ltd

Dugsab, the fact that I did not reply to your foolish question...

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  1. 13,065 Posts.
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    Dugsab, the fact that I did not reply to your foolish question does not imply that I agree with your calculations. Far from it and I just want to put that on the record for all readers.
    You have used +8g/t in your calculations or 3.5 oz/t which is really an extrapolation from that very limited 5,420 sample from that exceptional "pod" and you appear to have still relied on that HOA with EOPL, which, you, yourself, doubted was even still in existence and somehow jumped to the conclusion of $32mil IN THE BANK???!!! Bonanza.
    LNY's OWN numbers, their official JORC, states that their 381,000 oz comes from 8.2 million tonnes, a ratio of 1oz per 21 tonnes, or .05 oz/t.
    When "valuing" my investment in LNY, I am looking at the overall picture and I'd rather use their numbers than your selective and technically completely wrong guesswork.

    Let's just stick to what we are all wanting to know. At what stage is the TOA and ML and the processing details. Until then, we are simply further contaminating that well known creek.
 
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