pyramid massive sulphide, page-11

Yet again, you are completely misreading me WA. There is no contradiction in my posts when placed in context. I don't tend to write to please audiences nor do I expect universal understanding. Perhaps save us both some time and put me on ignore if I don't make myself clear to you. Or maybe take your time to process what is written before jumping off topic.


VRX reported Thaduna with fanfare building unrealistic expectations in the market and assays came back with nothing special - as it turns out I called that right.

THX have reported Pyramid with no fanfare and I expect my sentiment on that will be validated when those assays come back with nothing to be excited about. My comment about Pyramid was that IF there was something to be excited about, i.e. strong visible indications of VMS type economic mineralisation, then one would expect some commentary or photos to suggest such.

So once properly understood, you can see that my criticism is with VRX's reporting, not THX's. The whole point being that the reporting should be representative and appropriate to what has been discovered.

So, I think you'll find the contradictions are in the way companies report, and IMO, ASIC and JORC have a role to play in getting more consistency delivered to the market. Specific discussion on what sort of reporting is valid and not valid in certain situations is beyond the scope of chit chat on HotCopper.

Anyway, outside of the U3O8 plays, THX are now in a situation as to whether they chase something at Pyramid or direct all focus on copper and gold in the NT. Given the finite funds I would suggest the latter.