Replies to post #955 on Mining Company research board

[$b_rich$]

Wouldn't that make GDSM still very undervalued? ;-) That report posted would be very appreciated! Of course, we'll still be waiting on those sampling reports that should be done soon. Phase 2 is expected to be completed in August/September range.

The Lewis report is actually for 15 samples, not 14 as I said previously. The sample results average about 0.39 grams/yard which equates to 0.011 oz/yard, less than half of what GDSM, etc. claims to be in 6.7 million yards of gravel out there with their "ore tenor" of 0.025 oz/yard.

Granted, the Lewis sampling is a small number of samples, so I don't read too much into these results. But, it could explain why GDSM, etc. does not want to release the Lewis report since it does not back up the earlier data.

By the way, the sample points are listed as hibars, lowbars, channels, upper gulch, side gulch, etc. Looks like Mr. Lewis was trying to evaluate different kinds of geology out there. The results for the hibar and lowbar deposits are miserably low, as you would expect. But that's where most of the 6.7 million yards are located.