assay results pending, page-5

'Assay results may be released soon.'

Probably monday

'The rest of your post is all fantasy, lets look at it.'

Some of it is fantasy


'No they aren't, the grades are very ordinary, see my earlier post.'

The grades are not spectacular, nor are they terrible, they are encouraging, and on par with FMG and RIO average grades in this area.

'No they don't, that estmate was made on visuals announced that haven't been shown to be true when the assays have come back.'

Visuals have not been too far off assays, I checked the figures, KW mentioned good correlation, I would say about 70% accuracy. If you want 100% they will have to hire a Soothsayer.

'No there isn't 1Billion tonnes here and not good grades either.'

You actually cannot say that there is not a billion tonnes of Fe on this property, as you just plain don't know that. No one can know that, unless some aliens have drilled this area before. I guess you may be related to aliens actually, so forgive me if so.


'The railway is a line on a map that is all, no plans to build it for many a year.'

As mentioned, it is being planned right now as far as I know.


My conclusion, rhyceshaw is a bit too upbeat about this stock, starts overly optimisting, ramping threads. A while back he was posting a rumour about how RIO had rejected these tenements due to high phosphorous. rhyceshaw must have gone long after that and now is ramping it up.

Pelm1 is a bit too downbeat to understate it. He/she/it seems to post in the extreme negative about any aspect.

I can work out rhyce's motivation, but have a selection of motivations for Pelm1 that might be the case.

Then again, I spend half my day, researching investment bank stocks, then posting all over their threads with the most negative doomsday, condecending, fearmongering information, suitably ridiculously biased into the realms of a manic nutbar's ravings, and delight in the traders that sell out of these stocks at the bottom, hopefully with my encouragement, as they watch in dismay as they lose out on the recovery rallies.

I take great pleasure in making other people lose money. It satifies a sick desire in me to inflict sorrow and loss in my fellow humans. Jeeze I'm a fun guy.