Wilcox certainly is “touting” the results when he says the Wickenburg mine has over 7 oz/ton of gold. Especially when the average gold mine has well under 1 oz/ton.
Wilcox certainly is “making a claim as to the total volume of gold that may be present” when he says 7 oz/ TON.
In addition, these results were done from material that had been processed at least 9 times to produce a gold concentrate.
There is no way to relate the results back to tonnage of gold ore (the material the bulldozer picks up).
The gold concentrate may have 7 oz/ton of gold – But the gold ore (the material the bulldozer picks up) has a gold content FAR FAR LESS.
Truly Wilcox’s Press Release is False and Misleading to many investors.
I have sent emails to Larry Wilcox (lwilcox@uchub.net ) And to his geologist Donald G. Strachan (dgstrachan@yahoo.com, donald@geostrachan.com ), and to the assay company Florin Analytical Services (fas@florinanalytical.com ) . I have asked them to explain this.
I will post their replies when & if I receive them.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.