For newbiesI hope i am allowed to do this:
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Some of Perma's DD, based on the technical report, which means it is based on facts.
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I'm reposting this for anyone new to Ecometals.
I apologize in advance if some of the words are combined, the SH cut and paste feature is useless.
Anyone who owns this stock or is considering owning it should download the report and refer to it often, IMO.
https://www.pifinancialcorp.com/email/aru-apr23-07.pdf
Again,hereis a brief summary. Refer to pages 33 and 34 - The Kinross motherlodeis the top end of a much larger ore body that split off to the westdue to faulting. Where is the feeder zone? I attended the EC AGM2years ago in Toronto, and in speaking with Keith Hulley, he hadindicated that they had a close and working relationship withthen-Aurelian management, and that they had a firm grasp of thegeological model - that there was concurrence with the PacificInternational Securities report.
Refer topage37. Itindicates the outer boundaries of the Pull-Apart Basin, a hefty portionof which runs through the GML/Ecometals property. If you were to referto the most recent Ecometals IP survey, the structure is clearlyreflected in the IP data therefore lends credence to the workGoldmarca/Ecometals has done to date.
Check outpage38;Pacific ISI puts forth a hypothesis, based on all evidence gatheredto date, that links the FDN and El Tigre deposits via an East-WestFault Control. This corridor, based on all geological study to date,again runs right through the Ecometals concession.
Thehypothesis which I find most intriguing can be found on page 32,“PrimeTarget: West of the West Fault”. Evidence points to theprobability of a Down Dip FDN extension running to the west at adepth of 450 meters;“By removing the dip-slip component and projectingthe FDN deposit down-dip “West of the West Fault” to a mineralizeddepth of 450m we provide a potential unfaulted picture of a largeintact deposit –potentially twicethe size of FDN.”
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We'veseen the explosive growth that Venatana has experienced. Theevidence of a potential prolific deposit lies on EC's property,indicated by the noted geological study put forth by an independentcompany. The caliber of EC's management/board of directors, combinedwith the share float, should give you some idea of where this companycan go.
Regards to all,
Perma
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