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Re: Geenow post# 62394

Thursday, 03/27/2014 2:20:14 AM

Thursday, March 27, 2014 2:20:14 AM

Post# of 80983

IMO when you put five Geologists in a room you'll get ten different opinions. With all due respect of course.


The same five geologists would also agree without exception to this commentary posed by RD759 "...full of extrapolations and 'forward-looking' statements that are not substantiated or verified and would never make it into a modern day report for a listed company. The geology of water/rock interaction, the mechanics of breccia formation, secondary enrichment and porphyry petrogenesis are grossly oversimplified and poorly understood; assumptions about structural/mineralisation continuity are made that are totally unsupported, but paint a picture of a 'World class deposit' to those who don't have any geological background. The text also places undeserved reliance on Perez's satellite study and extrapolates the findings to a point well beyond the limitations of the technique."

With all due respect, of course.

The consensus was the POTENTIAL ore resource exceeds 32 million tons.

There is certainly NO consensus, because the necessary systematic exploration, testing and quantitative analysis WAS NEVER PERFORMED. All we have IS a hopeful "GUESS", blown full of hot air by our resident Medinah dentist. Maybe there IS economically viable value somewhere here, I hope so! But, for whatever reason, for 17+ years management and JJ have willfully and consistently avoided the simplest steps necessary to prove up a bankable resource. Until that is done, we got nothing, and claiming the contrary "as a matter of opinion" is devoid of substance.