Friday, February 06, 2015 10:52:11 PM
That response on Agoracom was Briscoe's opportunity to educate investors, and to resolve the whole REE issue. He could have said that he didn't mean to say he was surprised by the "presence of" REE, because as an experienced geologist, he should have expected their presence. He should have said REE are found in any rock you could pick up, just about anywhere. Maybe he could have presented a little data to illustrate what he considers to be "anomalous".
But, he didn't.
Instead, he says they are awaiting further study, and the potential for an economic deposit of REE is still dangled out there like a big carrot. So, what's holding up that further "study". Five or ten thousand bucks on some further geochemistry work on those same samples would be very informative, and if positive, would greatly enhance the value of Hay Mt. to "serious investors" - right?.
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