ATN 0.00% 0.2¢ ashburton minerals limited

PP, Even If one were to espouse your view,still:"And intersected...

  1. 1,313 Posts.
    PP, Even If one were to espouse your view,still:"And intersected 38 m (from 118 m to 156 m) of altered metabasalt with variable amounts of chalcopyrite, generally 1%-2%, occasionally up to 5%-7.5%." (Previous announcemt****).
    Now, let's analyse it a bit further, by taking the 2% as the average Copper content....That gives us at least 70% Cu, and NOT the abysmal 36%, we were "given" today....
    By the way, Chalcopyrite = Copper-Iron sulphides.....
    Now, another way to look at it (the two announcements), IS to compare the writing style, the super enthusiasm -easily contagious to all shareholders and individuals interested in stock purchasing- of the Previous announcement with today's embarrassment of a missive.
    Don't you think, they should have been a bit more careful (to, conservatively, say the least) IF they, as you supposedly interpet it, knew (as they should have, being geologists and company directors, "competent" individuals), what real % of Copper is contained in Chalcopyrites?

    Cheers;))
 
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