1and2s
Yes and when's the last time NST overstated expectations? Obviously hasn't been reading NST releases as closely as claimed.
NST has rarely underperformed their estimates since acquiring the Paulsens mine, and when it has, only due to a temporary issue such as a fire or shortage of a required input.
Secondly, the 'mined grade' he states he has not seen discloses is CLEARLY disclosed in the quarterlies...another reason to suggest he has not read releases as carefully as claimed (or needs glasses).
Thirdly, if head grade is going to increase 75% there is every chance that mined grade will increase by just as much (if not more)...see RMS historical production at Wattle Dam and the massive overcall they received when producing from areas with higher grade hits during exploration (about 20% overcall).
Fourthly, as for the drilling widths...yeah thanks kipling but we are not mugs here on HC Kipling...we are more than aware of the difference between downhole width and true width. And if you had any clue about resource estimations, you would know that lateral holes are a requirement for exploration targetting, not to mention resource calculations for narrow vein mine deposits (unless you want to end up like the Victorian goldies "Oh damn...where'd that goldless void come from.")
And finally, why the heck did he even post that...member since 2009, does not even own NST and before this has only ever made 4 posts, ALL related to EMA (whatever that is).
Cdchi1
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