RE:RE:noluckwonthavesh*tThe majority of exploration plays are pure speculation. If you wait until you have a measured and indicated resource you will have eliminated the risk.... sure, however, by that point you will pay a lot more for the shares. The results from the drill programs can be very telling though.
Consistent high grade drill intercepts spread out over an extended area obviously point towards a very likely economical resource. For example looking at Wallbridge and the consistent high grade intercepts they have been getting with a 35,000 tonne bulk sample expected to yield 19,000 to 26,000 ounces. And that's just the start. Very likely an economical deposit. And the shares are a steal right now! I wouldn't wait till they have a measured and insicated resource.
Same with RNX. RNX obviously is a different animal. Massive gold boulders and unbelieveable high grades and drilling spread out in different areas. 2 meters of 1000 gpt! That is 25 oz per tonne. Massive. And I personally suspect that the drill went right through another huge boulder of gold.
It has to be a good size I suspect because the chances of hitting a small little chunk of gold with that drill is pretty slim. So now they need to drill close in around that hole to get an idea of the actual size. Or go down underneath and dig into it. Once they find the motherlode they better halt the stock. I want to see the massive sellers and shorts crying their little eyes out for giving away their shares.
luckwillhaveit wrote: Well that's a little better. Like I said drill results is like reading chinese , how do you convert it to ounce in the ground , that's what I want to know is the measured and indicated. Then I can relate ..................................
bobbyorr44 wrote:
ok good one ... you remind me of Charleton Heston ... when he received a Labotamy.. uuuuuu..come on chump do some D&D . this company was just about Bankrupt(for salesign up in front yard)then big finds puts them as a recognized contender in the Jr Mining Industry. Not to mention biggest Gold Nuggets in History .core that rocks into Top 15 of Huge Conglamorate Mines G/PT pretty hard not to find something on RNX AND YOUR TRYING TO LAY SMACK ON ME .. wow... Ok Charles !!!