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Buchans Minerals Corporation V.BMC



TSXV:BMC - Post by User

Post by YakYak3on Nov 11, 2012 5:44pm
289 Views
Post# 20586868

Comments...

Comments...

Here's a comment from Buchans' Geotechnician and Core Logging technician:

 

- For the past three years I have worked on the geology and stratigraphy of the Woodstock iron-manganese deposits, the largest manganese deposit in North America. I remain as one of foremost experts on that particular manganese deposit. My research has been largely associated with the geochemistry of marine sedimentary rocks in the Appalachians.

 

And he goes on:

 

The past two years involved a stratigraphic and lithogeochemical analysis of the Woodstock Fe-Mn deposits (194,000,000 tonnes), the largest Mn deposit in North America.

 

What I want to point out is that for regulatory reason BMC management can not use such straight forward language. They must say "may content or could content". All this will change once they have a NI 43-101 compliant inferred resouces estimate.

 

What is a stock with such potential doing with a market cap of $5 millions..

 

jmo

 

 

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