Replies to post #8178 on Trio Resources Inc (TRII)

[DJknows]

Tremendous with great numbers... and conservative, thanks! Love, love, love TRII!

This is huge, and there is estimated to be 300 million tons of ready rock above ground. Let's say TRIO only gets a average of 500 grams of silver per ton, well that's still over 17 ozs of silver per ton X 300 million tons of muck rock above ground...... Just think about it like this, if silver was only $1 per oz, that's still $300 million dollars....... Now that's 17 ozs of silver @ $20 per oz or $340 per ton of material times 300 millions!........... $340 X 300 million...=BOOM!

INITIAL ASSAY RESULTS

September 21, 2014

This past Friday we received assay results prepared by Activation Laboratories Ltd. on a portion of our crushed material. A total of 126 Crushed Rock samples were submitted for analysis, which demonstrate an average silver content of 967.4 grams per tonne.
Assay Results

We are pleased with these initial results, and anticipate that a positive correlation will be demonstrated in our resource valuation. As always, we will post further updates and results as they are received. Until then, here’s wishing you all a great week ahead.

Yours truly,

D.R.

http://trioresources.com/2014/09/initial-assay-results/


100% behind Mr. Reid... the best of the best of pennyland CEOs and dealing with multi-billion-dollar partners...



It's all about what you know, your money and whether you believe...

Very best to all with our KMAGnificent TRII!

[marianothis]

smoke,

"This is huge"

so huge in fact that maybe a pr would be warranted....

buddy

[elvisonfire]

300 million tons is 600 billion pounds of rock above ground on this tiny silver mine...are you sure about that...e

[DragonBear]

there is estimated to be 300 million tons-nonsense

Not even the bogus Evans&Evans report made such a claim. The two largest quantities given were:

350K MTs for the tailings pond. Waste run off from the prior 1990 mining at 0.7 oz/MT. Essentially worthless. No silver mining company in business can concentrate 0.7 oz/MT waste material, yielding a profit.

900K MTs for the muck pile. Claimed 10 oz/MT.

So where did the 300M MT figure come from???

Neither has Duncan filed an 8K for his assays, associating samples with the tonnage they represent. That's right - TRII is a SEC filer, and any fantasy $103B valuation as suggested, would be a material event requiring an 8K. So where is the 8K? Of course back in 2003 Duncan paid a grand total of $51K for this fantasy.

What one has is an assay of 126 samples representing something. Unknown whether it represents 900K MTs, or 0.5 MT total. Where the later figure would not be a material event requiring an 8K. So keep watching for those 8K EDGAR filings not appearing. Once again Duncan keeps his stockholders in the dark. If he has volume 34 oz/MT material all ground up, then ship it. Requires no concentrating at that level. The latest farce will end quickly come the Dec 10K showing little to no revenue.

[elvisonfire]

to illustrate the improbability of that ascertion think of it like this---one pound of rock is represented by a 3 inch by 3 inch by 3 inch cube.
to cover one football field 6 feet high would equal 17,000,000 pounds (rounding off)

so to reach the unfathomable total of 300 million tons of rock--you would need 35,000 football fields of such rock stacked 6 feet high...or if you will, one hundred and seventy five million square yards...or 63 square miles of land-----not too sure about that--e