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Re: PURA VIDA post# 27204

Monday, 09/20/2010 11:21:53 AM

Monday, September 20, 2010 11:21:53 AM

Post# of 173217
Yes, they analyze and downsize the claims

Wheat & Chaff...


If you read the early data, you'll see that the Alaska claims were 426 sq. miles at one point, but ZTEM and vegetation mineral analysis further streamlined the data to only the best targets. They have done this in a patient and studious manner, keeping the costs down, carefully engaging in line surveys and field study of the geological formations that caused these mineral deposits.

This is a shrewd and low overhead way to stake claims, and it's one of the main reasons some of us got to buy in so low. If Briscoe had signed up for a quick billion of help and started drilling willy-nilly, we would be a known quantity with big debt and lots of coverage, but limited growth potential.

I am thankful that so much scientific data was available early on for this company, because there are many money-smart people that are not scientifically literate in the least. They miss the importance of the adjacent reserves, the likelihood of a volcanic caldera to distribute valued minerals over the claims, or the strategic advantages of having the original volcano pulverized by glaciation so the mine can be a box cut/open pit instead of having to drill into a mountain to get the goodies.

At current prices, I would still be averaging up instead of down, so I hold tight at the moment, secure in knowing that metals are climbing, multinationals are grabbing up raw assets at a record pace, and we have a great deal of information suggesting that this thing will be absolutely huge.

Game changer news is pending and I am holding.
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