TSXV:RJX.A - Post by User
Comment by
shnepson Sep 01, 2020 6:50pm
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Post# 31491339
RE:No hype
RE:No hypeMaterial Girl,
The references I stated are the multiple faults (conduits) in which kimberlitic fluids have come to the surfaces in this region. The Great Metorite Spot also crossed through this region giving the disruptive path in which we find the Temiskaming, Kirkland Lake, and the Victor kimberlite intrusions. The combination of the Ottawa Rift Valley, the Montreal River faulting system and the Great Meterorite Spot make for Temiskaming to be a bit of an epicenter for kimberlite pipes, dykes and sills.
The Fipke analysis does not give us much information other than there are kimberlite indicators that are in the right zone for diamond transportation to the surface. If RJX wants their shareholders to be more informed. Provide the extended analysis of the indicators chemistry.
RJX has drilled two kimberlites to date but there are literally a hundred plus kimberlites in this region. Proving them to be better then all the others that have been explored, and are uneconomical, is the difference.
By the way they are not entirely risking their own money, shareholders are the financial vehicle by which this program is being funded.