AgriMinco Corp ETPHF

Hole Assay Timeline

[madmax240kph]

First a recap. We sent 19 hole samples to the new lab ( most of them at once ). We recieved eight hole

results back in about a month. Most of them were excellent. We got special treatment to recieve eight of

them that soon.  I expect the remainder of those hole assay's to be released to us in batches. I compared

AAA hole assay timeline on thier earlier holes and expect the same for FED, since we are using the same

lab. We should be seeing results about every 4 weeks and now look overdue, but that's because of the

Christmas holidays. I expect a hole assay press release this week. Below is an AAA timeline I posted

a long time ago.

 

- hole # 1&2 - in lab - may. 13
                       - press release jun.15

- hole # 3 - in lab - jun. 15
                  - press release jul. 7

- hole # 4 - in lab - aug. 23
                  - press release sep.21

- hole # 6 - in lab - nov. 9
                  - press release dec. 6

-hole # 7 - in lab - dec. 6
                 - press release jan. 10

- hole # 8,9,10 - in lab - dec. 22
                           - press release jan. 24 ( hole # 8 )
                           - press release feb. 14 ( hole # 9 & 10 )

[Buddy_Fox]

I concure, good sir. We should see some great results, maybe 2 to 3 releases this month on core results, and the see a NI 43 101 for the southwest corner in the early Weeks of Feb. I've done my stretches and am ready for the big run ahead...how about you?

[madmax240kph]

These next few holes will determine whether I invest 100% into FED now or later.  With all that land they hold, there should be multiple deposits. The open pit potential is also there because Southboulders open pit deposit crosses the border right into FED land. How far does it stretch and how many zones of it will be found out very shortly. GLTA

[allana68]

has there been any determination how shallow the deposit must be to open pit mine the potash resource, the results look good but 100 meters of over burden seems excessive to be cost effective. closer to STB should be shallower.

[Buddy_Fox]

And I give you the solution to any open pit, if you look at the grand picture, https://www.etftrucks.eu/Haul-Trains/ Make me drool. But seriously, anything less than 200m is shallow as far as open pit goes at a very conservative 1:1 width to depth ratio, we could openpit/strip to 150 m and only take up that same 150m laterally around the deposit. Open pits go as deep as 400m or more. And some

[aklto]

hallo Buddy, I hope you're right with the 200 m open pit possibility. I am only asking myself, why Allana Potash doesn't have open pit possibilities and goes for solution mining.  

[Threshold]

well Allana is deeper than FED and some of their best holes are far deeper than FED's deposit. the holes they chose to put on their project page show you this.

[Threshold]

well Allana is deeper than FED and some of their best holes are far deeper than FED's deposit. the holes they chose to put on their project page show you this.

[Threshold]

well Allana is deeper than FED and some of their best holes are far deeper than FED's deposit. the holes they chose to put on their project page show you this.

[Threshold]

well Allana is deeper than FED and some of their best holes are far deeper than FED's deposit. the holes they chose to put on their project page show you this.

[allana68]

AAA has come out and said they won't be open pit mining at this time. Has anyone come a cross info for a open pit potash mine with overburdens in the range of 100 to 200 meters? Any open pit mining usually is low grade minerals gold/silver/copper, the over burdens are cleared, then the mass amounts of material are milled refined. Potash open pit would be looking at clearing 100 meters, then

[aklto]

OK, but with the sylvinite bed laying at an average depth of 110/120 m I think solution mining will be the best. And I thought that that technic was intended for the south-west deposit. Hopefully the Colluli-deposit is less than 100 m so that open mining could be possible.   

[Threshold]

LOL 110/120 m is going to be open pit over solution mining any day.

[Buddy_Fox]

CAPEX for solution is insane, even with the overburden, done in stages, you end up just moving the new overburden to become the fill.  There is so much land available to store the overburden, that it's almost a non-issue. Why have a mine have open pit half solution, when just exceeding the normal spend on an open pit, is still cheaper than solution. Labour is cheap, machines can be leased

[madmax240kph]

Well I'm glad I got the timing right for the press release and very happy I got the timing wrong for the rest of the hole assay results. I don't know how they are managing to get the results for 10 holes in 3 weeks time. Never seen that before. Love it though. Now we can catch up to the others. Also, hole # 9 has a high enough KCL content to qualify for the 43-101 report. Things just keep

[BlindBat_1]

Well I'm glad I got the timing right for the press release and very happy I got the timing wrong for the rest of the hole assay results. I don't know how they are managing to get the results for 10 holes in 3 weeks time. Never seen that before. Love it though. Now we can catch up to the others. Also, hole # 9 has a high enough KCL content to qualify for the 43-101 report. Things

[goldennugget24]

Geat post BB!  Tell it as it is.  Very disappointing but we have to hang in there and hope for a better nr next time.  Like you, I was expecting the results for at least 5 holes and the completion of the roads to Coluli.  Maybe there is something "cooking" behind the scenes? 

[madmax240kph]

Strong points made, but we are getting results faster than AAA.  As far as the drilling speed, the lab will only process so much at a time and who pissed in your cornflakes?

[BlindBat_1]

Strong points made, but we are getting results faster than AAA.  As far as the drilling speed, the lab will only process so much at a time and who pissed in your cornflakes?   ============== More a case of indigestion rather then yellow milk in my corn flakes frankly. I'm certainly a strong supporter of FED, but frankly this latest PR is in my opinion, shaming the Corporation

[madmax240kph]

The press release back on Dec.15/2011 did give an update on hole assay timelines and a road construction update. As of yesterday, they are currently setting up holes 24 and 25. They said they would have completed up to hole 29 by the end of January. This gives them 7 more  days to honor thier commitment. I think that first South African lab has left you a bit sour. I still think it was a

[madmax240kph]

Wrong press release date-Dec.12, not 15. Sorry

[AnMar]

Sadly, I couldn't agree with you more BlindBat_1! My sentiments exactly. Must have the same clown preparing the press releases that is drawing the drill hole maps - notice how the drill hole locations differ on some of the maps and the road wonders around. Plenty of boozin while preparing PRs me thinks.   We need BHP to take at 10% stake in FED at around .60 or more/share, that would make

[vectorcan]

Wahl's a loser and holding the company back. Fortunately, the Delauriers brothers and Roach realize this and are looking for a replacement. Wahl will be gone in six months or less. In the meantime, hopefully someone who knows what they are doing takes the bull by the horns and Wahl becomes nothing more than a figurehead. BTW, anyone from FED who is reading this board can we end this practise

[Buddy_Fox]

Hey Vector, What do you have against Walh? Just curious And just a thought, if they are going to get rid of him, they should do it a lot sooner than 6 months. Whomever does the NI 43 101 for the south west, should be the same person to go forward with the company, otherwise it's a huge waste of tie and money. I usually think management changes are good, espescially if you bring in a ringer to

[Doneski]

No max is just a stockhouse lacky but buddy your too stupid too see it as well...unless your his buddy in the cubicle down the hall Feds broke...a pps imminent Dipshiits galore

[madmax240kph]

Doneski, the egg is on your face again. AAA bumped up the dilution today, Why didn't you see that PP coming for AAA? You now say FED will need a PP eventually. Yes that's a given. You really smart!!! 

[vectorcan]

I think the question is why you would like Wahl. I don't like to him because he spends more time on his consulting business than on FED. I don't like him because of the complete clusterf*** with the assay delays. I don't like him because of the amateurish news releases FED has been putting out. Most of all,  don't like him when I look at FED's share price. That said. I

[AnMar]

Dunce-ski, you offer this board nothing other than mindless drivel day-after day. So, why is that?   No doubt you're hoping to get in at a better price, but I for one would rather not have you as a fellow shareholder.   You chose yourself a very fitting pseudonym indeed.