Tuesday, January 03, 2023 11:27:52 PM
You recall wrong. What happened in 2016 was that Mexus issued a PR where they took an average of the best interval from each of the Argo drill holes (not just two holes). The intervals were of different lengths, and they did not weight them accordingly. They also averaged holes that were drilled on different geological structures. And, they assumed continuity between all the holes which were hundreds or even thousands of feet apart.
All of that pointed to either an inept, incompetent operation that did not have the foggiest idea about basic geological concepts.....or a deliberately fraudulent PR aimed at a group of unsophisticated investors. I am still unsure which was the case, or if it was both.
And then, when Mexus did their own drilling several years later....repeat the same process, issue another misleading PR......double down!
But ignore the data.......visiting the property is the only true way to evaluate a mining company. Right?
Do your own research, use third-party sources, and don't buy into the hype.
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