GREY:XMTTF - Post by User
Comment by
juststocks500on May 14, 2014 6:40pm
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Post# 22562670
RE:Update
RE:UpdateI have to admit though, in terms of "releasing IP results" I was expecting the 100% full disclosure that some conversations with the company implied...I'm disappointed.
The graphic is meaningless unless you have access to the data. There's little further DD possible with this NR. Nothing more on the company web site. Magnetic signatures on a 2D graphic, big deal.
The only additional "potential" good news I see are Kimberlite pipes; something we didn't know before which changes the surrounding geology dramatically and in a positive way. If I understand what I've been watching and reading correctly, the kimberlite is indicative of volcanic intrusions along with those temperatures that are actually needed for hydrothermal graphite formations. Now without data and pro interpretation the correlation with diamonds is not a stretch but it wouldn't be a stretch to find coal either. I'd love to hear what the geologists out there think.
For now, the best scenario remains the confirmation of hydrothermal graphite. The diamond road ahead will indeed be long except for one thing; all XME targets are shallow and we're not in Africa.
Graphite is still what's maintaining my condifence level high for now.