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General discussion, page-795

  1. 284 Posts.
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    Umm just a quick math check. you only need to do it 15 times to double your money if you reinvest your profits. But you are spot on. this thing was sitting a dollar lower only a week or so. ago. That's a decent return in anyone's books.


    Also some other things...

    Noticed a ship with 4000 cars including 500 electric cars on fire in the Netherlands due to a battery fire. Seems there is a need for more of what we got, and if we break a monopolistic supply there may be more energy in technological change that isn't at the whim of the CBMM master.

    Also wondering what everyone's extreme interest is in Luni Deep anomaly. Is it for other metals? Niobium doesn't seem to form in high commercial grades in fresh rock. it's the weathering process that gives us the concentrations a magmatic process can't get to. For the other Geo's out there or those non geos interested Check out a paper by Roger Mitchell in Ore Geology Reviews. 2015.

    There's also a paper that came out in March this year written by Geos from CBMM (Braga and Biondi) that will give you many of the answers you need. Behind a paywall but worth the $50 or so. Has full maps of Luni deposit, discusses zonation in the weathered section, ore genesis and characteristics. Has the answers for density of weathered ore which I've already posted earlier but is quite variable from 2.14 through to about 2.3 for the richest ore zone. All invested geos will do their own research but these papers are easy to find. One way to gets some facts rather than some of the rampant speculation on this site. Lots of other things you can start to draw your own conclusions from in that paper as well. Let's hope for some more assays this week. Would be much better if WA1 would release all 1m split results rather than the intervals, hard to tell how sparse or patchy the mineralization is below the high grade zones. would love to see some petrology and understand the mineralization better.

    Anyone thinking the southern edge of the anomaly may just be a paleo channel which is why the mineralization gets a little deeper there. Guess that's why they've spotted the two holes way to the south where the anomaly picks up again to see if it continues.

    Fingers crossed we find out more next week.
 
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