Tanks ta D12 onna da other board.
KWG has found wide chrome intersections.......very good news..........not yet recognized by general public investors.
Seems price is way too cheap.
Hey everyone, I had the pleasure of chatting with Neil this afternoon. Neil is a no nonsense type of guy and deals directly in facts. He was very nice and was in a good mood. I haven't talked with Neil very often but I will again as he was incredibly knowledgable. We laughed a few times as he lost me with some in depth geo talk.
This is what I asked:
1. What is the significance of the chromite in E2.
He said with only one hole drilled and released it isn't easy to point out publicly the significance. We are still in the early stage of the chromite discovery. He wanted to do a comparison in the release with other mines but the lawyers and TSX would not allow it. The grades and intersections encountered were higher than in most chromite deposits being mined presently. It is going to take more drilling to confirm size. He also mentioned that the type of intersections in the chromite on the NOT property as compared with the NE hits leads them to believe that they are closer to the host.
2. How is the 43-101 coming along?
He said that Tracy is working as fast as she can and is doing great. She is comfortable saying that Eagle 1 is a deposit and not just an occurence. They are adding a chrome section to the 43-101. This will allow him to talk a little more freely with investors about the chromite. I am not sure if this means E2 will be a part of the 43-101 or not.
3. Where is the 4th drill?
The 4th drill is on order but was never brought in as there would be no one to operate it. There are many JV's that will be under the gun to start drilling soon so things will be picking up.
4. How is everything going with Actlabs?
Actlabs is doing a great job with turnaround times. They should always come close to the 2 week time limit barring no major issues. If the threshold is more then 1% for Nickel/copper they need to be re-sent in which usually takes another 2 weeks. Actlabs will ensure much quicker results than in the past.
It was a very good conversation with Neil, but he obviously couldn't say too much. Neil seemed very happy with the way things were progressing. He is very passionate about what he does and is probably why he is so good at it.
I believe we should be getting assay results fairly soon for E2 as simple math would dictate this. Neil obviously couldn't say. IMO the grades will be getting better with depth for both Nickel and Copper as the last NR stated they got significantly better at depth. I personally believe that we are on the right track to finding the pool of sulphides at E2 if we haven't already. Only the NR will confirm this however. All seems very well at the NOT office and they seem to be keeping themselves very busy.
Take care all and keep the faith, good things coming.....
d12