RE:Geoscience Canada-Witwatersrand-Type Paleoplacer Gold storyReviewing the geology of the Pardo claim here and reminding myself why this is not a tax loss selling candidate.
The Geosciences Canada article in the post I am replying to and listening to Dr. Minters presentation, I would paraphrase the following from Dr. Minter:
https://vimeo.com/51681453
3:30 - "...In particular, the mineral pyrite is important, in so far as it's a heavy mineral and it's derived from Greenstone belts, in which the gold is associted with the pyrite." (Yes stateside, that is the origin of the depostis according to the Geosciences Canada article I posted and also Dr. Minter. More localized volcanic sources from Diabase dikes as you posted as an "alternate theory" may also be relevant, but the reason this could be a "game changer" is the possibility for widespread paleoplacer deposits in the Huronian Basin derived from primary deposits in the Kirkland Lake, Larder Lake, and Timmins areas.)
5:30 - "...the preservation of Kerogen....representing a previous form of plant life which grows on that unconformity underwater and enables gold particles to be concentrated...."
8:30 - "So in essence I believe we have outcropping at Pardo is the head of the deposit and that the sort of course gold nuggets found in there are indicative of the detrital nature of this deposit and a huge future lies projecting this downslope into deeper stratigraphy".
Now again, look at the map of the limits of the JV Boundry and the limits of Ginguro's wholly owned claims....it sure looks like a lot of those prospective Mississagi deposits in the distal part of the alluvial fan on Ginguro wholly owned claims!!!:
https://www.ginguro.com/pdf/projects_Pardo_130828_PardoGeology.pdf
No, I won't be selling this for a tax loss, but may be looking to average down on any further weakness.
Good luck to the longs!