And yup they only Niced the hole . Dont worry Tom will be back to drill that hole big time . Read on and Lying Lintin . Nice try again rodent. Read on and sure save it for Irroc moron .
Important quote from CEO!
Hey, response time sometimes depends on when you catch me. I’m at my computer now. Sorry, I got very busy last week with the press release and getting some other stuff organized that I never got back to your other email.
I don’t know who’s messing with the stock, but you can clearly see somebody’s either playing around or just being dumb. There are a lot of holders out their that bought shares for three or four cents, so I would not be surprised to see them take something off the table. But putting up a million shares is not the way to do it. Manipulation or just inexperience? Who knows in that case. The end-of-day downticking is BS, though. The market knows we will have to raise money so that normally does hold back a stock.
We are done drilling for this season. The AW guys wanted to test some ideas and drilled enough holes to do so. Now is the time to get the results and think about next year’s program. I think in the spring the best idea is to run some EM to get good targets for next summer. The last hole 10 is the very exciting one for me. It won’t have high grade, but it proves the really big deposit style exits on the island, and it’s just a matter of finding the higher grade in each of the anomalies. Here’s what I think about it (it may be too geo, but it might help):
The presence of copper in hole ST22-10 (assays still pending) will confirm the bigger “Congo-style” sed-hosted copper concept, where that plumbing system has intersected large permeable horizons (former oil/gas reservoirs) and the fluids have precipitated copper. We don’t really have to wait for assays because we visually see chalcopyrite in the 68m intersection of the large EM anomaly representing what we thought represented a sed-hosted copper target (see August 23 NR). There will be copper in those assays. Not heaps for this hole (expect <1%, Cu overall), but the concept is proven and it is a matter of refining our targeting with more detailed EM (chalcocite responds very well) to target higher grade for this 800x300m EM target, as well as for the other six (and larger) EM anomalies we discovered last year. And this is just the area around the Storm showings, about 1600 hectares on a 300,000 hectare property that we know has chalcocite at the surface elsewhere.
There is a very clear zonation of chalcocite>bornite/covellite>chalcopyrite>pyrite>sphalerite/galena that we see at Storm. This is as the chemistry predicts: as fluids get more depleted (reduced) due to more interaction with hydrocarbons, precipitating the more copper-rich minerals (chalcocite 80% Cu), then less copper (bornite 63% Cu to chalcopyrite 34% Cu), then none (pyrite, iron only) on to lead and zinc (galena and sphalerite). What we have hit in this very wide intercept is the chalcopyrite zone, along with clear hydrocarbons as bitumen. Everything is there: fault plumbing system, large horizon represented by EM anomaly, long permeable intercept, bitumen to act as the chemical trap and clear copper mineralization in the chalcopyrite/pyrite/sphalerite/galena zone. This is proof of the predictive model, and now we just need to vector to the high grade chalcocite in this, the other known, and as-yet undiscovered anomalies on the island.
Regards,
A very optimistic statement from a world renown Geolostist! Much more than a SH small time basher! Give it a break scumcore! You're beating a dead stick here! You get shot down on every idiotic remark you make in this board! You're beat and you're done for! Who do we believe? A small time SH basher or a world renown Geologist! Hmmm! Seems like a no brainer to me! GLTA longs invested!