InvestorsHub Logo

Threw-er-back

08/16/09 10:29 AM

#502 RE: EarlyOne #501

I thought your calcs. were representative Mike..THX

gappa2

08/16/09 12:48 PM

#505 RE: EarlyOne #501

Thanks Mike. You are right the more accurate the better. I had just taken a glance at the chart and was a little confused. Its fairly simple now to understand.

I have another question if you don't mind? URST, determined the length and the concentration............but what was the depth that they used for the calculations to get the tonnage? Was it the average depth of the trenches that they dug? and that is what they used..........Say a couple of meters deep?

And how do you think the next step will go to prove up the resource regarding these varying depth? They said they are going to have a diamond drilling program ............I assume to clarify the depths of the resource.

It would seem that could also have a LARGE impact on the size of the deposit and clarify the actual proven tonnage and reserves.

They also mentioned that besides the varying widths of the strike the deposit also pitches up and down.I don't know how the drilling compensates for these pitch changes in the deposit. I would imagine they would need to build some sort of computer model to describe the resource and possibly drill at varying angles to get an accurate picture of what they have.

It would seem that since this is a sedimentary type of deposit as they described it. That would imply that the layers of Vanadium are stratified and horizontal in nature since that is how sedimentary rock forms , through erosion of the host and then becomes compressed and over time..........The pitching of the sedimentary rock would have to come latter through uplifting and subsidence by plate tectonics.

Is the Vanadium there deposited through erosion? do you know?

I don't really know if this is a sedimentary deposition of the vanadium........yet this is a flat savanna.There does not seem to be much pitching there now on the surface.

Or is this a sedimentary host with with some form of intrusion of the vandium into this these zones of sedimentary deposition..............therefore the trenching discovers pitches as the vanadium intrudes into the sedimentary zones.

Did you get enough from the release to understand the geology at all?? if it is some form of intrusion......they could only be hitting the upper zones.

Any thoughts?