Post by
BILLMINER on Oct 17, 2012 10:29am
speculation
With hopefully true widths of 100-125 m in some of these holes, and even 100-200 m of strike length it doesnt take long to build very good tonnage. Im hoping for an avg of 2-3 g/t Au. Hopefully this will prove to be a large tonnage open pit scenario with high grade at core and depth. If you take a strike length of 200m, width of 125m and a depth of 250 m, you come up with approx 16.5 million tonnes, and say 2.5 g/t Au. = 1.3 to 1.4 million ounces. times say $40 per ounce valuation= 54 million market cap on the resource alone. Of course this is all speculation, however after looking at Inco holes and the widths and grades encountered along a 250 m strike length it isnt too far off, especially as I see wider core (NQ vs smaller core of Inco drilling) picking up better grades. Seems to be better grades at depth especially in the core of the diorite within the mineralized horizon. ie; high grage intervals at depth in hole PB 12-11. Inco did not intercept these at depth. Of course this is all speculation, however it has some merit.
Comment by
davidmb4 on Oct 17, 2012 11:24am
Look at the breakdown of the drill results. Nugget effect. David.
Comment by
superman4444 on Oct 17, 2012 11:36am
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Comment by
BILLMINER on Oct 17, 2012 11:48am
David you are still on your nugget effect trip. Remember 2.4 oz/t Au over 7-8 metres in hole # 9 .. Does mb stand for manitoba ? I hope not because youre embarrassing us. You lost somewhere along the line, win some lose some.
Comment by
davidmb4 on Oct 17, 2012 12:30pm
Yea, real nice to release the breakdown over 1 week later. That is total BS. Great management. I would recommend that investors stay away. David.
Comment by
davidmb4 on Oct 17, 2012 4:44pm
You can only wish you can make on NQ what I made on GQC. Unfortunately, I will have to write a very large check to the IRS on April 15th. By the way, I sold my 100,000 (10:03 am-10:04 am on 9/25) shares of NQ @ $0.80. I am very happy to be out of this POS. David.
Comment by
davidmb4 on Oct 17, 2012 4:52pm
No need for you to respond. I am done with this. David.