RE:RE:RE:RE:RE:RE:we knew that 43-101
I read all the posts in this Thread and all of you made great observations...I'm tempted to underline them all. This is a real mystery now. Every mine I used as an example didn't even have 5 Grams as an Average, in Total, yet went to Production. No doubt Sierra Pelada will, but who will Own and reap the gains. You know a 43-101 is used to show an amount, since nobody knows if Gold will be $2K-$3K+ next year....but more strange is the neglect to include Palladium, Platinum, enough for Sandstorm to invest $75Million...and what about all these:
The near-surface bonanza palladian gold mineralization is part of a larger, deeply weathered, hydrothermal system which, in deepest drill holes (>300 m), has a relict sulfide assemblage with a variable degree of overprint by iron oxides, sericite, and kaolinite.
The deep system still has gold, palladium, and platinum grades in the g/t range and displays erratically high contents in light rare earth elements, bismuth, and selenium.
Drill core samples from intermediate depth (157–275 m) are high in gold, palladium, and platinum and show a very pronounced
bismuth enrichment, as well as enrichment in
iridium, mercury, rare earth elements, uranium,
copper, and lead. The shallow drill core is
extremely enriched in gold, palladium,
platinum, mercury, and manganese.
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Anyone who researched Arias knows he is no dummy ..so what does this mean?
On June 14, J. Alberto Arias purchased 7,500,000 shares in the public market at a price of $1.60.
So looks like somebody/s wants CSI to be as low a price, or worse, as possible...than Production