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Re: The Beyonder post# 44324

Saturday, 02/25/2012 8:58:30 PM

Saturday, February 25, 2012 8:58:30 PM

Post# of 80983
Yes, ExB - Great Information Here!
...without having to read tea leaves, or waiting for a Royal Flush to be laid down. Especially when you know the MMs have laid out three aces on the table hand after hand, year after year, and may still have an ace up there sleeve. A bet against the house is never good ... unless you know what your holding! lol
Dr. DeCosta's intellectual abilities to discuss in-depth and comprehensive topics other than root canals is well appreciated by shareholders who have been keeping up with his analyses over the years. Having referenced models for reliably estimating what shareholders might anticipate in future years is quite valuable for anyone investing intelligently. One does not have to rely on cheap parlor tricks, bluff, or dumb luck. I especially like this part of your repost:

For instance, we know that the Gordon Pipe has about 5.3 million tonnes of ore present whose “in situ” value today is about $2.2 billion or about $410 per tonne on an “in situ” basis. We also know that the combined tonnage of the average-sized porphyries of these two subtypes is 500 million tonnes. By extrapolation and with a certain but difficult to define level of statistical certainty, one might predict that the “in situ” value of the 2 porphyries might approach $205 billion. DO NOT BELIEVE THIS FIGURE FOR A MOMENT BUT DO TRY TO GAIN AN UNDERSTANDING FOR THE CONCEPT OF RELATING KNOWN INFORMATION LIKE THE GRADE, TONNAGE AND VALUATION FOR THE ORE AT THE GORDON PIPE AND THE ABILITY TO USE “DEPOSIT MODELS” TO ESTIMATE ECONOMIC VIABILITY.


Wow! "We also know that the combined tonnage of the average-sized porphyries of these two subtypes is 500 million tonnes." (not the 5.3 million tonnes currently drilled out)
Again, thanks for sharing.
As HR said here earlier,

The BOD knows that the NSS situation will work its way out organically by the company executing its business plan, monetizing its assets, capitalizing on other geological development projects in the hopper and dividending it's revenues where and when applicable. Once the partner is announced and the drilling program commences, and the results reveal what all of the professional geologists that have visited and analyzed Alto de Lipangue, any entities that are carelessly short will realize that they are on the wrong side of the end game.



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