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Tuesday, 02/15/2011 1:52:00 AM

Tuesday, February 15, 2011 1:52:00 AM

Post# of 12338
A what if calculation based on hole 10


fairchij3
2/14/2011 11:54:52 PM | | 152 reads | Post #29275484
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I am betting the Farhad was floored by the lack of market response today. They have definitely found a sweet spot with hole 10...in an area with no previous drilling. That sweet spot could be up to 2.5 km wide X 5 km long (the closest holes north - south and boundary east - west) on that part of the property. With a composite thickness of 38.3 meters the amount of potash ore (at an average of 20% KCl) that area could contain if that thickness held up is 478,750,000 cubic meters. Based on 2650 kg per cubic meter that would equate to 1,268,687,500 tonnes of ore (250 million tonnes of KCI).

Sleep well AAA shareholders.

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