holding ground, page-11

So true Bradvl, even though they're rock chip samples, we know there's surface fe, which can be seen extending over the escarpment. Not sure why the general appears negative, but like myself, the lack of announcements regarding the drilling campaign does cast some doubt in my mind. Anyway.......What we have to remember here is this is only the first round of rc drilling, with 3000m over 30 drill holes planned. So we're looking at roughly drilling to a depth of 100m per hole. To quote JMS themselves "The drill program is designed to test the grade, lateral extent and thickness of mineralization at relatively shallow depths." If the ore body continues at depth, say to 300m+, then 150-600mt isn't out of the question here. With a strike length of 2-2.5k, a width of 300-400m, and hematite's average recovery rate of 3-5t per cm3, Brockman has alot of potential. Depending on what's encountered, the initial inferred resource may be somewhere between 25-100mt+

But, and there's always a but, seeing as Brockman has been the focal point for alot of JMS investors, if it turns out to be a dud, as in an inferred resource estimate of 1-5mt, jeez, expect the sp to remain neutral or retreat to the mid to upper teens. This all depends on market sentiment however, and atm you can throw the fundamentals out the window. I've been scratching my head over some of the penny hopefuls of late, no real or value adding announcements, and these things are running up 2-3-4-5-6-700%?????
I'm remaining positive though, I don't believe they're drilling dirt, and I'd be happy with an initial inferred resource of 25mt+, but in saying that, I'll be selling quicker than you can say "whykickamoocow" if the results are anything less than spectacular.
GL to all who are holding :)