RE:RE:The Share Price Is Not So Good! Who Should You Blame?What does a large loop electro-magnetic survey hope to define?
https://www.sciencedirect.com/topics/earth-and-planetary-sciences/electromagnetic-survey Exploration Physics 6.6.1 Definition
An electromagnetic survey is based on the response of the ground to the propagation of electromagnetic fields composed of an alternating electric intensity and magnetizing force. A primary or inducing field is generated by passing an alternating current through a coil (loop of wire called a transmitter coil) placed over the ground. The primary field spreads out in space, both above and below the ground, and can be detected with minor reduction in amplitude by a suitable receiving coil in the case of a homogeneous subsurface. However, in the presence of a conducting body the magnetic component of an electromagnetic field penetrating the ground induces alternating currents or eddy currents to flow within the conductor. Eddy currents generate their own secondary electromagnetic field distorting the primary field. The receiver will respond to the result of arriving primary and secondary fields so that the response differs in phase, amplitude, and direction. These differences between transmitted and received electromagnetic fields reveal the presence of a conductor and provide information on its geometry and electrical properties. The entire process of electromagnetic induction is depicted in Fig 6.18. The surface electromagnetic field, using surface loops and receiver, or a downhole tool lowered into a borehole, acts on the body of mineralization. The regional electromagnetic field uses airborne surveillance, either a fixed-wing aircraft or helicopter equipped with electromagnetic tools. Both methods can map 3D perspectives of mineral bodies, deep in Earth, and guide further exploratory drilling for verification. The depth of penetration of the electromagnetic field depends on its frequency and the electrical conductivity of the medium through which it is propagating.
So if anyone might be a bit skeptical that a geophysical survey might be able to help determine the down dip and direction of a conductive sulfide body, you can now give your doubts, some additional rest!
Consider this, if Copper Lake management had doubted the veracity of such a survey, they would have first drilled at least two holes at the 'build up conductor' zone, not just one!
Perhaps, that knowledge saved the company some cash in their very limited bank account!
A two hole drilling program would have provided some additional confirmation about that kind of information.
Yet the latest and largest geophysical survey results still have not been given to shareholders in any recent news release.
Could it be that company management yet don't fully trust the veracity of their very own geophysics program, strongly enough, to release it in the public domain?
That strikes me as odd!
Perhaps the company might be pondering the possible need to drill a secondary hole at the 'build up conductor' zone to confirm the down dip direction and strike of that body of rock? Maybe they may even decide to drill three of these different holes to see if the mineralization changes at some greater and more distant depth?
That kind of drilling program might be a logical procedure to best help determine the scale, scope, size and some more exact mineralology, concerning this most peculiar, VMS deposition.
Certainly the discovery of any greater base or precious metal constituents, closer to the main ore body and connected to this very same build up conductor zone would provide the needed confirmation that the company has uncovered some most significant find!
But would it be the most cost effective means to raise the share price?
Perhaps not. However, it might provide the quickest means to answer this ultimate question!
Exploration can certainly turn into a most expensive endeavour! And where is the best place to spend the least amount of funds in the most expeditious way!
Saving money is also an important consideration for shareholders. Any company that chooses to operate in the junior mining exploration space would likely prefer to try to keep their needed expenses, under some restraint!
But sometimes tough, but good choices, do need to be made! That task isn't easy!
But head-scratching, endlessly and worried pondering, won't help the share price, move any higher!
Is the company remaining silent only because they are seeking funds for an additional and badly needed private placement?
Do they actually need to keep some good news under-wraps, just to draw some easy money from more informed investors with whom the company has secretly shown their latest and best new drilling results?
In this difficult market, would that be an ethical decision for any company's managers to make?
As a current shareholder, would you agree to that decision, if it meant, no roll back in the price of your shares?
Something to ponder, isn't it?
All the best! Java