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Re: None

Tuesday, 01/06/2015 5:33:49 PM

Tuesday, January 06, 2015 5:33:49 PM

Post# of 264
Early high grade assays arrive, hits over 800 PPM.

http://www.marketwatch.com/story/early-assay-results-of-resource-in-fill-drilling-at-nyngan-scandium-project---387ppm-2014-12-18

For rough reference 1g (1 ppm) of scandium is worth a dollar. So 800 ppm is $800 ore, near surface, that could be mined for somewhere between $20-30/t I would guess, making it one of the highest margin deposits in the world. The deposit is basically the equivalent of a 15-20 million ounce gold deposit at about .25 to .75 (~.5) oz of gold per ton.

And people still don't care. But they will. One day.

(All IMO)