RE:RE:RE:IKN Daily Digest thoughts on PVGConsidering all the controversy it has apparently stirred up, it's beginning to look like Cleopatra is as much a curse as the blessing it should have been. (At least they chose the right name for it.) But the bottom line is that it doesn't really matter how much of the bulk sample comes from Cleo. As others have pointed out, what comes from it is clearly designated as such and isn't going to seriously skew the results unless it really is "the only vein worth mining" in the VOK, as MiningMonster suggested. I have a very hard time believing that is the case, especially since there are proven high grade intercepts all over the property and PVG apparently stumbled on Cleopatra more or less by accident.
As far as I can see, Strathcona is not saying that there is no gold in the VOK, as some posters are claiming. It's saying that there is no valid resource, i.e., the FS is seriously flawed because of the methodology that informed it, and therefore none of the gold it indicates is there can be reliably confirmed. Which begs the question: why then did they agree to run a sampling scheme that they already knew wasn't going to be able to support the FS, regardless of the results? Isn't the whole point of testing to confirm or deny the accuracy of the FS?
Considering the positive initial results from Snowden, if Strathcona turns out to be anywhere near right, it will be as much by accident as by the sheer brilliance of their modelling strategy. And if Snowden does turn out to be wrong, it won't necessarily mean their methodology was flawed (or even that Strathcona's was right) considering that there is no failsafe method of evaluating this kind of resource. OTOH, if Snowden is eventually vindicated, Strathcona is going to be seen to have made a major - perhaps fatal - mistake in their handling of this whole affair. As I said previously, its hard not to conclude that Bre-X has gone to their heads.