RE:RE:RE:RE:Soooooooothe_Chief wrote: Still have not sold a share, added a bundle yesterday and believe in this one as much as I did on ZEN at the same price. This may be a more difficult property then ZENs because of veining but as long as we had a decent hydrothermal event then I think we can count on mining this property for years to come.
Some properties are just not condusive to drilling. There is no answer to the demands of a 43-101 when you have veining. You could spend your life drilling and miss every large vein by .000003 inches yet have enough graphite on the property for 50 years.
So my opinion is its not worth it, we should be going after what we can see, and what we can find and exploiting both as we go. If after a few years we are able to define the resource because we found the source, thats a different thing altogether. But, this is far to valuable a commodity to allow a drill to determine what is, or what is not there.
To give you an example of the difficulty involved if the discoveries of the Carlin Trend were to have stuck to a 43-101 they would have never found the gold. How carlin was found was they found a vein and followed it, exploiting it as they went. At no time did they know how much gold was there, just that they had some.
So exploitation sometimes is a far better approach then wasting drills trying to hit veins you cannot see nor know which way they bend or dip.
as follow up, is there technology out there along the lines of a CT Scan or MRI used on living entities
that exists in the mining industry
to of course increase our yield and reduce our expenses ?
Part 2: if yes, who operates such a service--I assume you would be on a continual contract basis with such a comany.
PS. is their any value to the byproduct or overburden at this property that anyone knows about ?
thanks in advance.