re: ###various + radiometrics 101### Elysian...
Well spotted, I for one missed it, perhaps due to my lack of knowledge in this field...so perhaps a few others may have missed this as well?
A sure sign of "funny business" going on when companies describe their results in formats not comensurate with normal industry practice...especially when they can make the results seem more impressive than they really are.
It's a bit like the reporting of gas flows, in metric or imperial measures, and/or roman vs metric numerals...ie, which is higher...
6,000,000 cfd
6mmcfd
6,000mcfd
6 million cfd
6mcmd
6mmcmd...???
Same happens in gold...which of these sounds more impressive? An intersection of...
32m at 3.2oz/t
32m at 102g/t...???
These are designed to catch the unwary, or uninformed impulse trader.
This may also be the reason behind the trading halt...and would possibly answer my earlier concerns about health issues for the area, as well as explaining why there may be no local history of "sickness" from the area.
I guess these reading might still cause some long term problems if you were living right on top of it, but obviously you wouldn't expect to get fried during a survey, or expecting to see 2-headed lizards running around.
Cheers!
- Forums
- ASX - By Stock
- RTM
- company announcement - due tuesday
RTM
reefton mining nl
company announcement - due tuesday, page-25
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RTM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online