GREY:ESOFD - Post by User
Comment by
leverage1971on Nov 06, 2013 9:24am
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Post# 21880399
RE:New discovery zone!
RE:New discovery zone!Solver good observations as always but any valuation potential of AU will
not be realized IMO by either FCU or AMW it will be for the benefit of the bigger company
that mines this deposit.
What is "scary" in a good way is that we have drilled for a year now along this corridor 1 km to
the east of the discovery zone and 560 m to the west and still have not found evidence
of uranium mineralization that geologically could be the source of the boulder field.
It is somewhere and if one remembers M. Shaw's earliest comments "boulders of that size
can't travel far"
My guess is that they have a thesis somewhat to the effect of it is likely within a km of this zone
that is now such a priority... again just a layman's guess.
What is startling and makes me happiest of all is that this latest drill intercept is a step out of over half a km... not 15m or 30m... 500 m. One wonders how big this will get eventually and
by default who will take the first crack at preventing us from finding out before its too expensive.
Lev
half a kilometre