To be honest, the scenarios are ridiculous as they are a bit like the strip ratio discussion, totally useless without context.
Re the 43101, this again is a complete red herring as its a technical report carried out by a number of QPs who would not expose themselves to any malpractice. It is obviously a quality technical report and if you bothered to read it you would see that. It is not a 43101 despite what people may think or even people in the company think, however it is a credible technical report.
As for all the other items Strip ratios, width of intercepts, grades, I note nobody came back on them!! I wonder why.
The reason I stated that you were obviously aware of the terrain is that this plays a huge part in what time of mine it may turn out to be and therefore directly impacts are recovery ratios, Without that information, any conversation about any ratios is nonsense.
I'm in no way saying this will be a mine, (I don't think if it does become a mine that USPR will own it) but I do know that if the grades shown so far hold true, then there is a real shot somebody will be interested in taking it off their hands..
So far, they are drilling holes and getting good results, as long as that continues then everyone has a chance.. Here's the only true ratio so far, in 11 holes they hit good to great intercepts, 100% hit rate, that's very unusual...
That's today little lesson over..
Time to GET REAL!!
Just saw the new PR!!! Results incredible, again intercepts in all holes, grades of up to nearly 2oz gold, 15 oz silver and 13.5% copper is unheard off.. Will review properly but again very high grades on all minerals.. I'm getting excited..Hole 15 is a monster and it dwarfs the other holes.. however if you look at them individually, they are fantastic...
