You're exaggerating my statements here. A bit deceptive: "Anyone...

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Midnight26

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25/07/17

22:06

Post #: 26075766
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Originally posted by eshmun ↑

Firstly I'm still a small shareholder as I put my shares in the bottom draw after the initial "we can see the gold and some silvery metal but don't get any results in assays disaster" but sold half my holding the minute the SP kicked up above my buy in price.

What I think the discussion is missing is that the processes for solving the metallurgical extraction of the "ionic" gold may well have been solved in a lab but whether those processes scale into an economically viable processing plant at mine scale is still an unanswered question.

I also think some people here are extrapolating a little too far given the data available. Anyone believing that the entire gabbro unit is mineralised to the level of the bulk sampling averages (based simply on the fact it is fresh rock) is putting a lot of faith in the sampling program not having any sampling bias and the actions of the geologists and people within the company. Remember this is ASX and if things don't work out to expectations no one gets put up against a wall with a firing squad. Some caution is required considering the value of the stock and the fact no resources exist yet. A very unusual company to try and do peer comparison against. Esh

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You're exaggerating my statements here. A bit deceptive: "Anyone believing that the entire gabbro unit is mineralised to the level of the bulk sampling averages "

If 5% of the gabbro is mineralised at those grades we are onto something massive.

BBX Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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You're exaggerating my statements here. A bit deceptive: "Anyone...

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