RE: 3rd party opinion if interested This is all you need to know from Deadlock ( our famous Danny Deadlock) Geogolist Friend.
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I see the haters are out in full force this afternoon. For those who have an open mind and not interested in hearing "only" the good side to every story, below is an opinion on CSQ I received early this evening from another very good source and very experienced geologist.
Previously I had a cautionary note issued on CSQ and that is more than justified when a stock gains almost 300% in a day. To think every stock and story is nothing but blue sky and beds of roses is nothing but irresponsible investing. Fortunately in the case of CSQ the followup opinion came back positive.
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"Danny, Seems to be pretty good handling of the high grade for first drill hole.
I extracted the high grade intervals (115 feet) and calc'd the average grade with this assuming the remaining 245 feet of the 360 foot intercept announced were barren. Using only the gold in the 115 feet spread over the entire 360 foot interval resulted in an average grade of 4.95 grams gold per tonne. This is higher than the 4.08 grams gold per tonne Canamex reported. This means they clearly "capped" or "top cut" the higher grade so as not to spread it over the larger interval.
They did not give detail as to the capping technique they used. With out that I would suggest they appear to have been responsible and realistic in their treatment of the high grade, unlike some other companies have recently done."
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