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Fidelity National Information Services Inc V.FIS


Primary Symbol: FIS

Fidelity National Information Services, Inc. is a provider of financial services technology solutions for financial institutions, businesses and developers. The Company's segments include Banking Solutions (Banking), Capital Market Solutions (Capital Markets), and Corporate and Other. The Banking segment is focused on serving financial institutions of all sizes with core processing software, transaction processing software and complementary applications and services, many of which interact directly with processing software. The Company sells these solutions on either a bundled or stand-alone basis. The Capital Markets segment is focused on serving global financial services clients and corporations with an array of buy-and sell-side, treasury, risk management and lending solutions. Its solutions include a variety of mission-critical buy-and sell-side applications for recordkeeping, data and analytics, trading and financing as well as corporate treasury and risk management applications.


NYSE:FIS - Post by User

Comment by goldmansuckson Jul 04, 2014 10:44pm
390 Views
Post# 22717856

RE:RE:RE:True widths are unnecessary and misleading

RE:RE:RE:True widths are unnecessary and misleading
The true width of the orebodies here is about one third of what Fission is reporting.  Mineralization to a large extent is confined to the graphitic pelitic gneiss.  If you call up the drill sections on the Fission web site you will see that this geologic unit is dipping at about 75 degrees.  Therefore a 90 degree hole is not far off what we would call "drilling down dip"  which is a bit of an old mugs game.  I appreciate that drilling off of barges/lake ice etc. is difficult but even Hathor drilled plenty of holes at 45 degrees etc to get a better sense of true width.  So when Fission reports a 10 metre intercept this really implies a true width in the order of 4 metres.  This does not take away from the nice discovery here and will come out in the wash with respect to resource calculation.  Not reporting true width makes the numbers look sexier, but we are somewhat smarter than that Des. 
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