GIR 0.00% $5.43 giralia resources nl

I assume (in context) that you are referring to iron ore...

  1. 1,341 Posts.
    I assume (in context) that you are referring to iron ore sticking out of the ground - rather than my sons hair after a he gets up in the morning.

    Be careful, however, people and geologists have often been duped by iron enrichment which typically occurs as a result of surfical chemical weathering processes associated with iron ore deposits (e.g. DSO located above magnetite rich strata, typical of the Mid West) – and hence the imperative to drill.

    When people/companies quote surface sampling alone without historical drilling to test its continuity at depth, I get nervous, and it can be very misleading for unwary investors.

    But what would I know... I am no geologist
 
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