OTCPK:ICNOF - Post by User
Comment by
allenbowon May 18, 2011 12:24pm
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Post# 18594561
RE: RE: you have to read the hole right:
RE: RE: you have to read the hole right:True. But there is this thing called High-Nugget Effect Gold Vein Deposits, so you have to discount that you just got super lucky and hit a huge one while the rest of the drill core was comparatively thin - so you have cut-offs when this occurs.
I am no geologist but this is my understanding. Let's say you drilled and punched through the Centennial Nugget found in Alaska at 294 ounces. Well that would make one heck of a drill hole!!! But you may never find another hit like it or anywhere close. Do you still have a mine?
In any case, I think they are onto to something and I bought.
Let's see how it ends up.
One way or the other, discounted, capped, cutt-off, whatever, the drill hole was great.