General chit chat, page-38

Folks I am starting to post some of the reasons I have invested in this 9m market cap company.  

I have already done 1 post on the potential of Joyce river for nickel but over the course of 2 more posts I shall illustrate imo that joyce river may well be an amazing copper and gold project.

Our old mate ray at Joyce river was a character  imo

Here is a note he wrote when the Canadian authorities decided to open up claims to the internet , he knew Joyce river was in demand

He goes on to say the following......


Old mate has his pick fork and he is going for it with his trench...


But it is often these small time prospectors that are onto the good stuff early....they know it.....they just cannot make it happen.



Ray draws one  of the trenches.




Now here is a certificate of analysis showing (and company Mei has confirmed one of these already) some amazing grades of copper and useful nickel grades.

Now as we know anything over 1% copper at volume is  very significant, here we have 3 results from 2% to 11% copper from a proper lab.






Ray expresses his frustration that although he is hitting unbelievable copper grades that he cannot capture the world with more than a pickfork, a shovel and dreams, but he acknowledges drilling is needed by someone in a different league.





In this sample the lab on 4 occasions notes copper above 0.5% , where did it stop who knows but it was greater than 0.5%.




Here we go again look at those copper results, and don’t discount the useful Cobalt and nickel also.




Here is another sample.....good copper with useful nickel and cobalt again.






Ok here we go.....now look at those good grades......if there can be some volume to go with those grades then that is huge, meanwhile look at the copper once again. Grades you don’t see that often and remember our old mate ray was running around with his pick fork at about 1  metre  deep imagine what might be up to 94metres  deep ??






Another example where the lab simply says the copper is above 0.5% and we cannot measure beyond that !

  


We may all be very thankful to Ray  so the final piece from him is this.....he has left us an interesting multi element prospect. I say thanks Ray!