PINL:VLTAF - Post by User
Post by
VentureTrader1on Aug 29, 2012 1:45pm
201 Views
Post# 20275221
What's strange about the NRs
What's strange about the NRs ...is that none of the recently reported results (either todays or those from June) come anywhere near what they reported originally in February. For example, in February, hole KKRC299 was 2.93 g/ton over 47 meters, starting 3 meters below the surface, with intervals as high as 25 g/ton.
It was stuff like this that I (and I guess a significant number other over-enthusiastic buyers) found exciting because of both the long interval length, the really high-grade cross-sections, and the fact that it was so shallow.
So I wonder why it is that all the follow-up drilling (presumably based on better information as a result of the original holes) has been so disappointing? Did they just happen to stumble across these tiny little anomalies i the original RC drilling, and have subsequently just been able to prove that in fact the overall grade is substantially lower (and deeper underground) than the original results appeared to suggest?