RE:DOC: FALSE CORPORATE PRESENTATION?
mrbubba wrote: Per the Corporate Presentation on Novo’s website:
Beaton’s Creek - Shallow and outcropping with no need for significant pre-strip (page 8). And, on page 17, titled “Growing Beatons Creek Shallow Resources”, there is a picture with a 200 meter key – and it appears that the upper portion is well within 20 meters, with the rest appearing at less than 100 meters.
Karatha – See page 29, where it appears all the prospective conglomerate is within 40 meters of the surface. And it looks like to my untrained eye that they have drilled multiple holes confirming same.
Egina – Same for Egina at page 32, except the targeted mineralization appears all within less than 20 meters of the surface.
ARE YOU SAYING THAT’S ALL A LIE?
QH scamming us all?
Please advise.
Well Bubs: The best way to break down these discussions is not by truth or lies, but into two basic camps of expectations - one camp believes in the positive economics of Novo's Pilbara strategy, and the other camp believes it's all just folly. And simply a giant sandbox sprinkled with negligible traces of gold dust.
That's the basic core of all these arguments.
Novo's work to date firmly places it in the former camp along with its current investors. The second (more negative) camp are sceptics and largely not invested by most indications. However, the latter camp does seem just as obsessed by the Novo story as the optimists.
Strange, isn't it? Such polarization and obsession around a gold mining development story that has managed to capture the imagination of some, and tortured the mindset of others.
This is not about truths or lies. This is about the war between accepted and emerging paradigms. Some make their fortunes in the objective, others in the more abstract.
Both are truths. Both can be illusions. Be comfortable with your choice. It is only the tortured that are misplaced.
Tx