Intchains Group Ltd V.ICG

beyondhelp69

[Silverwhere]

 
Wow, are you really this dumb? Sit down fool and it’s time for YOU to pay attention. I will disprove your misleading post using your very own "quoted" source. Stay tuned (further below).
 
I’ll point out that you are wasting your time here with these nonsense posts anyway since Integra already has HUNDREDS of high probability targets AND MULTIPLE discoveries. Are you too dense to comprehend this? STUPID is not an excuse dude.
 
The bigger question is: why are you here on this bullboard – clearly attempting to deceive and attempting to scare investors?... LOL LOL LOL
 
Now let’s use your EXACT article, shall we? I will actually provide the link (below) since you conveniently never do so & only extract your “talking points” & post those completely out of context.
 
The writer you were quoting, Gerardo Del Real, Editor, Resource Stock Digest, typed the following:

Clearly, there is demand for new discoveries as the discovery rate is barely keeping up with the rate of depletion. Despite the rich rewards for successful explorers and the need for new discoveries, very few explorers actually make a discovery. Several influential voices in the resource sector have estimated the odds of drilling a discovery at 1 discovery for every 1000 properties drilled.

Ross Beaty, the very successful exploration geologist and mining entrepreneur, wrote a column in 2010 outlining — among other things — why he believed that discovery rates would continue to trend lower relative to funds expended on exploration.

In 2007, Kennecott Exploration and Rio Tinto (from its 2006 annual business report) estimated that of 1,000 greenfield targets — not properties, targets — approximately one became a profitable mine and only 1 target in 3,333 became what they referred to as a world-class deposit.

So how is it that, despite these odds, there are several exploration teams that continually make discoveries while the majority of junior-exploration companies fail?
 
Targets vs. Projects

It’s important to differentiate between targets and projects when we talk about the odds of success. Often times the two words are used interchangeably, which could lead many to assume that of 1,000 properties drilled, only one becomes a mine, when in fact the discussion is about 1 in 1,000 targets.

Published figures (Lord et al., 2001) of exploration targets that eventually became profitable mines, for brownfield targets, came in at 1 in 24 in a well-endowed gold district.

The ACTUAL link that this douche did not post:
 
https://www.outsiderclub.com/increasing-the-odds-of-exploration-success-why-the-top-5-of-junior-exploration-companies-consistently-outperform-the-bottom-95/1880
 
 
So jokester BASHER, you might want to READ some more Gerardo Del Real articles so you are no longer way beyond help. Scroll down right here below his profile:
 
https://www.outsiderclub.com/editors/gerardo-del-real