Replies to post #1547 on iHub Mining Sector Entrance Lobby

[echarters]

VG reporting is a time honoured tradition. Kirkland Lake Gold has many drill hole results where they mention VG and the zones are usually the higher grade ones. I have seen the opposite as the more VG you see the more nuggety the deposit can be. If there is copious VG and the deposit is near Goldcorp, I am buying shares. Goldcorp had on display at the PDA some of the most spectacular specimens of VG I have yet beheld. You cannot just look at Gold like that, you have to behold it.

Cartaway people got fooled by much tougher stuff. Weathered pyrrhotite and pyrite crystals under intense deformation can look very much like pentlandite, or chalcopyrite. I have often seen weathered pyrite from surface samples look exactly like some chalco you will see. With sulphides particularly sphalerite millerite, and pentlandite it pays to be careful. Often you will miss them entirely as much as take the common for the valuable. Mistaking chalcopyrite for gold is a common thing too. It has caught me a couple of times. Their colour can be close. Gold can vary widely too, from orangey to bright yellow. A rule is, if you are sure it's gold no question, it's gold. If you have to wonder for even a heartbeat, it isn't. That will give you 98% certainty. Even a child with no experience can recognize gold when it is gold. They may be fooled by pyrite, but surprisingly not often. Try it on your kids if you don't believe me.

EC<:-}

[echarters]

VG reporting is a time honoured tradition. Kirkland Lake Gold has many drill hole results where they mention VG and the zones are usually the higher grade ones. I have seen the opposite as the more VG you see the more nuggety the deposit can be. If there is copious VG and the deposit is near Goldcorp, I am buying shares. Goldcorp had on display at the PDA some of the most spectacular specimens of VG I have yet beheld. You cannot just look at Gold like that, you have to behold it.

Cartaway people got fooled by much tougher stuff. Weathered pyrrhotite and pyrite crystals under intense deformation can look very much like pentlandite, or chalcopyrite. I have often seen weathered pyrite from surface samples look exactly like some chalco you will see. With sulphides particularly sphalerite millerite, and pentlandite it pays to be careful. Often you will miss them entirely as much as take the common for the valuable. Mistaking chalcopyrite for gold is a common thing too. It has caught me a couple of times. Their colour can be close. Gold can vary widely too, from orangey to bright yellow. A rule is, if you are sure it's gold no question, it's gold. If you have to wonder for even a heartbeat, it isn't. That will give you 98% certainty. Even a child with no experience can recognize gold when it is gold. They may be fooled by pyrite, but surprisingly not often. Try it on your kids if you don't believe me.

EC<:-}

[marcos]

iHub bought SI - #reply-18951917 .... that's why they shut it down, they had the machinery flying to Kansas City ... how about that, eh .... both places stand far better chances of surviving now, sounds like they'll be incorporated eventually, too

suf.to - i'd been thinking of leaving in a little bid at 5.02ish, one third of position, something like that .... the chart she is ugly ... i'd put a mental stop of 4.80ish on those, probably .... don't have any idea of RSA politics lately, outside of bits on the new mining law developments, and things posted by Searle Sennett over on Dutch Sale ... probably should study up ... the rand being strong over the last while has hit the RSA golds hard, but they've started to bounce now, how much this will effect suf with their PGMs is hard to say .... i expect it has a lot more to do with how much of Messina the politicians decide to confiscate