posters some questions & answers of sorts, page-40

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    Zzz and Janti

    What you are failing to take into account is that the RC holes did not pick up the native copper nuggets. The argument, based on comparisons between DD and RC right next to each other, is that the JORC does not fairly reflect the resource because I believe 80% of the holes are RC (no nuggets). If this theory is to be believe the jewelery box as it has been termed could be somewhere in the vacinity of 5% copper. Maybe it won't though, the only evidence that will be sufficient to prove one way or another is when the resource is actually mined.

    I understand the theory perfectly and I personally have faith that the resource does not fairly reflect the actual richness due to this problem. In saying that however I think management did a terrible job managing expectations and should have been upfront at the start of this problem.

    Poor management decisions however do not change the richness of the resource.

    By way of a prediction I think we shall see the stock climb before the end of March on the back of renewed M&G accumulation. Call it a hunch but the prediction hass been made.

    I am the Iceman!
 
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