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Bullboard - Stock Discussion Forum Alpha Minerals Inc ESOFD

GREY:ESOFD - Post Discussion

Alpha Minerals Inc > The source of the boulders
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Post by Chattyc on Feb 21, 2013 9:42am

The source of the boulders

This is quoted from the Seeking Alpha article of Malcolm Shaw's in the question/answer comment section of it:

I was thinking tonight about the recent hole, 13-038... Interesting thing is that it is ALSO NOT the source of the boulders that are at surface. There is 20m or so of unmineralized rock on top of the mineralized interval, so the boulders couldn't have come from that location. There are two conclusions: 1) that there is ANOTHER "discovery area" out there, and/or 2) one of the existing discoveries has some real size.

 

Here is what the source area of the mineralization at PLS will look like:

1. Lake water

2. Just gravel below the water

3. The uranium ore will be immediately below the gravel with the gravel sitting on it with the basement rock exposed from the scraping off of the basement rock above the orebody.

 

Everyone will know when the source is discovered. Believe me. Right now the drill team are closing in on the monster, hole by hole.

Comment by MRSPEC on Feb 21, 2013 10:06am
If your right about another disovery, this could go from great to wow world class etc. They picked the right corner of the bassin when  they staked.  I think if we look back at the chart in a year it might look like one straight line to the up. 5 10 15 20 all possible  Simliar situation on a JV  in gold sector QIT 10 million shares and LOT 55 million  annouced yesterday ...more  
Comment by valueFinder1 on Feb 21, 2013 2:11pm
AMW Is and looks to continue rockin into the foreseeable future! Thanks for QIT MRSPEC! That one looks to have wings, with more drill results similar to last should go past 1-2$.  :)
Comment by TINTIN20 on Feb 21, 2013 3:03pm
been holdin eso for forever, and still do. this is amw board but i still appreciate good tips. so QIT only has 10million shares out, great gold intercepts and have expanded the drill program, hmmm. plan to buy some.
Comment by TINTIN20 on Feb 21, 2013 3:46pm
look at this ridiculous spread between 29 cents to  1.42!!!! with a few thousand dollars only??!! QUOTE FOR QUINTO REAL CAP CURRENT PRICE IS0.24 (up from previous) PRICE CHANGE+0.015 PRICE CHANGE6.67% Bid Size 0.24 5 Ask Size 0.29 6  ...more  
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