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No, this place is much more peaceful and civilized. Goona-Goona Gong, Wallapalikiville.
I think they meant "to compare with other areas whose mineralization has not yet been established"
You could compare with areas that are known not to be mineralized, just to see what the anomalies were, but I don't think that is what they meant.
EC<:-}
At work hyper spec
http://notesmi.altarum.org/Conf/6thmar.nsf/0/c18f0163f1eb01828525680000637c11?OpenDocument&Expan...
company doin it
http://www.intspec.com/
Briggite doin it with Hyvista
http://www.hyvista.com/
Hype in the name is partly a co-incidence.
Their toy is real. I seen it. I know the tech. They borrowed NASA sensor, plane mounted it. flew a few things.
Business wise they is jack shit so far. Honcho use to run continental precious minerals who did a lot of explo in Baffin Island.
Not just a paper play, but u never know. NOt a scam at least.
EC<:-}
You talking Ekwan? Actually although I would never bet long on Ekwan's chances of becoming a mighty machine of industrial expansion, they do have a REAL technology borrowed from NASA and put on an aircraft by some fathead techies, and it WILL find some kind of mineral siggies on the ground. They worked on mounting the data collectors and sensor heads on the aircraft for about a year and a bit. Their leverage is they can collect more data channels than the competition. Their disadvantage is they have no good white papers, 3rd party reports or examples that make the tech a done deal for customers. Noranda, Teck, Newmont et al ARE using "the same" sort of multi-spec remote sensing tech to find mineral groups on the ground in low cover areas. It suits Chile, NWT, Labrador, Nevada, Arizona et al for mineral looky-looky quite fine. EKWX, as flaky as the stock is, has a plan to seek out ore and contracts in the bush out there. How successful their business will be is a matter of connecture and conjecture.
remote IR multi band is the wave of the future for overburden rich explo and maybe canopy cover too. IT is harder than hell to correlate.. or should we say, complex as hell, but it is rich in hidden data, so if you want to do computer studies on what correlates with what and where, multi spec is the ticket. It could be used for diamonds copper gold and what have you. Arcti explo is a no brainer. Even used for oil. It is up to the skill of the people using the data. Interp is the key and the customer might have to work with that. Maybe their interp is close to the vest. It does use more channels, and there may be proprietary aspects.
I know the people in Ekwan, but I am not touting their stock, or their corporate profile. I have to be fair and say they are real, but canny about their ops and in a competitive environment. I cannot tout their chances of business success or ore body finding success on their own, as that has too many variables.
Someday remote IR Hyper Spectral or multi spec will find an orebody in your neighbourhood. Whether it is Briggitte Martini and HyMap or Ed Godin and Ekwan is a guess I will not take at this time.
EC<:-}
I call that balanced and fair. His observation was that I occupied a rodent lair that was olafactorily challenged. I rejoined that the only way he could have observed that was by peering out of his own rodent lair, possibly mistaking the scent for his own. When he opined that I had the occupation of being the biggest fool in a certain town, I replied that I had graciously vacated the position in his favour.
Fairness, balance and absence of rancor were uppermost in my mind at the time.
EC<:-}
That is what Alex Hirtz, the Ecuadorian geologist told me. He said that these formations in Peru were Missiissippi Valley type lead-zinc-silver deposits. That means that they could be large. Certainly there is generous width and good zinc silver grade in the four showings found so far. There was small scale direct to smelter mining done on these in the past.
I expect the drilling to be a good show.
EC<:-}
Drilling and surface results are not always the same. It is easy to convince yourself that they are, but time and experience have shown they can differ.
The large scale channels which were collected and combined into a bulk sample leave much information about the lateral horizons unknown. The results could be due to nuggets from richer qtz veins falling into the sample and skewing the results. That you cannot argue with. Also it is only one section of the structure. This, perhaps falsely indicated width, is not the entire zone.
Neither of us, for taking a pro or wait-and-see position on this matter is wrong or right. Neither of us is a scumbag or and evildoer, a moron or a genius for taking our position and our risks. We just have our perspective and we express it. I am doing so calmly and rationally, without personal invective, bias, or criticism. I would like to point out however that I have 30 years professional exploration experience in taking samples and assaying them in exploration and mining. I am also intimately familiar with the CIMM standards and the 43-101F regulations of disclosure. You I take it are an investor and perhaps do not have this hands on experience with sampling and its pitfalls. I respect your position and experience however, but I am just pointing out that there are information deficits in the data. Perhaps not show stoppers but still we need to see more breakdown.
I await the gold results from proper sectioning and channeling and drilling as you do. The ball is in play and no matter what happens I am sure it will be interesting.
I wish no one on this board losses in their stock nor ill will. I am not hoping that SUR collapses or is not able to develop a mine in the Phillipines. I wish them all the luck in the world.
I also advocate a fairer and more balanced forum on these boards. I don't expect it, but I advocate it.
I understand that you see gold everywhere in the data and perhaps an unusual gold porphyry deposit. What will happen when it is drilled is the copper will increase and the gold will fall. Usually. If that does not happen then it is an unusual deposit indeed for these parts. Width and grade will vary along strike. It always does. 500 foot horizons are very, very unusual. I doubt that it will hold these kinds of widths. It it holds 100 feet they should be very happy. 100 feet is huge. 500 feet is right out of the picture. We have to get a reality check here.
Pure cheerleading boards do not entice anyone to buy stock. You have to be fair and balanced. You have to let other opinions hold forth. I admit there is a propaganda element here that is very important and that it is very easy to pour cold water on a play in its early stages. But quality will endure. If there is gold there it will pour from the crucible. Have faith.
EC<:-}
Did you know that Solex's Zinc property surrounds Bear Creek's silver find?
EC<:-}
I think they might. (Knock your sox off) They have been known to blast way too close to the face.
Yuri Nokursokzov was a Russian baseball player who hit 500 homers on one year. They found out he was using an explosive charge in on the bat and a radar guided gyroscope to cause the bat to intercept the ball. Timing was achieved by causing an electric charge to emanate along a muscle-connected electrode.
EC<:-}
My stinking rathole or your stinking rathole. It is the same network of tunnels as far as I am concerned. It's true, I left Timmens because I did not want to deprive the village idiot of a job.
You need the work. :)
EC<:-}
How come no action on this board?
These guys are great!
EC<:-}
Channel samples out yet?
EC<:-}
No idea.
I see that the
Bolus Boleri Superiori Boatus Dei is actually a freezer for Bass.
Twin 'rudes. How refined.
EC<:-}
Me name's Minnesota Hemoloid, and I ranch most of the acres around mud crick. peeple mostly mind their own bizness in these parts if they know what's gud fer them. u nu roun here boy?
Ken Reser on Moly.
Cat Connection seems more than smoke up your fanny.
http://www.kitcometals.com/commentaries/Reser/sep212005.html
EC<:-}
Make Cake?
Why don't they call Betty Crocker?
I'll bet she could make a mean Yellow Cake.
EC<:-}
Gold is cheaper than manure, oil or coca-cola.
The question you have to ask yourself, is what would you rather have, a lb. of cocaine or a lb. of gold. When it is the former, it is time to stock up on yellow stuff.
Mining gold is still not a great idea except in the cheapest mines. It has to rise. I think 750 is a good price. But the psyche barrier is formidable.
EC<:-}
go to the change I made and where it says www below the bad image etc.. then copy and paste that address. It will appear. Somehow they have some kind of brower referencing blocked at the site.
EC<:-}
Here is the one I like.
If it won't show, then try this.
www.sharelynx.com/chartsfixed/600yeargold.gif
You may have to copy and paste the above link into your browser, as the site wants to give some trouble in referencing the link. Don't ask me why.
It is an interesting chart.
EC<:-}
One thing that should be noted is that gold has held about 450 dollar median price since 1492 in Constant Dollars. In CD's it has been as high as 2400 dollars (just post 1492). In times of really high supply, gold goes up in price, not down. This is because its oversupply causes monetary inflation! Tricky stuff.
Twice in this century is has hit all-time (500 year) lows for gold price in CD's. It longest low price period was about 30 years in England during the 17th century. Near gold's second longest comparable low price period was post 1980 where is went on a 20 year price slide with a minor comeback in mid 1990's Gold maintained a relatively median values sub 400 dollars. Strangely enough this period was also inflationary with high interest rates, but just post an even stronger inflationary period or relatively low rates in the 1970's. Soaring oil prices sent the cost of living through the roof, so that salaries just about tripled during that period. The depegging of gold allowed the wild price increase just prior to double digit interest rates taking effect.
EC<:-}
Here Tiz.
Funny, the chart looked EXACTLY like that, just before it hit a 1000 bucks the last time!
EC<:-}
Molybdenum-Gold Mill.
RMKL -- CNQ http://cnq.ca/Page.asp?PageID=864&AA_RecordID=91&AA_FormType=Edit&ReturnID=874
Nice Little "slide show" of mill operating taking gold bulk sample. Mill is also set up for Molybdenum as flotation section indicates.
http://www3.sympatico.ca/echarters/camera1.htm
EC<:-}
Well actually we were both up (KA-BOOM) a mt. in Peroo and happened to fall off a ledge at the same time. The doctors in Lima managed to save our lives, but only by salvaging body parts from both and making them into one. We are now known as
ecrocket clone.
SOX, what a winner! It's garbage, but watch it rock! Let go of that keyboard! Gimme it, it's mine.. KABOOM!
This post has been an inducement to buy my stock. Doo yer own diligence. Lose money and blame it on the market. Don't look at me. I merely post public service announcments that are passed on to me by sleazy brokers.
http://www.siliconinvestor.com/quote.aspx?ticker=V.SOX
TSX venture SOX. Big U possibilities in Peru.
Solex.
Peru.
U
Frankly, I already had Frankfurter in Frankfurt, Frank. Is this new listing suppose to be a gift, like Frankincense? I don't see what Germans will do for the stock, but I like the mystery and intrigue of the Wong Dong Chong showing and its newly discovered location. Did they say they had samples? i.e. did they relocate of are they just guessing?
EC<:-}
waddafugizgoinon?
I built a small drill for tailings or overburden only. It is hand-bombed and not self propelled or automated. I could get it going for 25K more to be a commercial model.
EC<:-}
That would be closer to 470 - 120.
But it's still profit.
EC<:-|
Them's pretty high grade tailings. It costs little to process. About $3.5 a ton if they do it right on high tonnage.
With only 60,000 tons of high grade they will no doubt do it differently than grass roots. Probably concetrate on-site and off site process the con. With a 5 gram recovery they can maybe make a 150 gram con or better depending. Every case on its own merits. Rich cons will take custom milling.
Wait and see. My guess is it will cost them 20 bucks a ton, but I dunno. They could work ultra cheap if they don't get tied up in technical knots. It may cost 250K just to drill it off. I drilled 16 holes in a tailings pond last year and it cost me 16K dollars. That was with drill manufacture and a lot of other expenses. It should have been one third of that or less.
EC<:-}
Wahooo! drilling a geochem target! My rear puckers and my heart beats wild! I luve dem geochems! They always make a stock skyrocket.
Huge mine down there. (We hope)
EC<:-}
You are more likely, with your inside knowledge or faith I guess we could say, to make money if you double down, rather than trying to double up.
Trying to push any mining stock to double in this market today is pretty tough. Many are starting out overvalued to start, as in Cardero et al. Hard to make money unless the "orebody" starts to balloon like crazy. Remember that Argentina gold was bought out at 7.50. And it was a large orebody that lined up with an even larger one. Had enormous support.
The chances of SUR making it are 60-40. Finding an economic copper/AU porphyry that anyone will develop has a snowball's chance in hell. Developing it in the Phillipines is even worse. Finding one that you can get bought out on is a hard go. (Pebble et al).
BTW I really do believe that there are values concentrated in a few core veins. All the evidence points to it. Few copper-gold porphyries carry that high grade over wide widths for any number of tons. We are a long way from proving pervasive grade for millions of tons. A long way.
They might have a shot at a higher grade smaller gold situation. Not 500 feet, Bre-X-wide. Few geos will believe that. I have looked at 1000's of deposits going back 100 years. That geology is so rare that it makes pink elephants with wings look household cats in comparison. To put it succinctly, the earth is not that munificent.
They do point out that the copper grade will come up and the gold go down as they go deeper. This is common. The gold will last to 1000 feet, maybe deeper. Let's do an exercise. If the deposit were rich for 2500 metres and 3 grams per ton, and 500 feet wide, it would be 34 million ounces. To say you had that by 43-101 you would have to drill 820 holes. Well, with those widths, you could probably get away with 300 or less. But that is a number.
The thin trading of the company tells me that it is a wait and see situation for the market. Wait could be three years of drill, drill drill. They have to prove their case with actuality. So far the innuendo has not caught fire.
I will admit that not much is catching fire these days in the market. And they do not need me in their "bashing" to sound bells of doom. Many stocks with great promise seem to be able to flounder all on their own.
EC<:-}
If you are 120% sure of the long term worth of the play, as it being a hugie mine, then unless you are a company principal and are trying to finance, you would like the stock to drop to load up on shares for the biggie news to come.
Just pushing the play would make no sense. I would like to see shares at half the price they are now to increase leverage.
C'mon, let's act like real promoters and shake the tree til all the weak hands fall out.
EC<:-}
Maybe we should just give them the tar sands before they send the troops in.
I'm scared.
Did you know Trudeau (former CDN prime minister) seriously debated in Cabinet about mining the tar sands by pick, shovel and wheelbarrow with ten thousand Koreans brought in for the purpose?
This is a true fact. Not an internet hoax. It should be checkable in news archives.
I don't think 10,000 Koreans could keep up with one 20 yard shovel let alone the drag lines they use.
Getting hosed