Ann: AGM - Withdrawal of Consolidation Resolution-SOC.AX, page-80

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SilverRoo

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21/05/16

08:59

Post #: 17830062
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Originally posted by Squidfingerz ↑

Of course it can be drilled.
Of course it probably should.
Was it a smart move not to despite fabled grant ?
Maybe, maybe not.
A single 500m diamond core hole is going to set you back at least 75k
You probably need at least 3-4 thousand metres or minimum half a million to make the test worthwhile.
A single subsidised hole would be great to have but it depends on managent intentions as to whether that is cost effective or not.
This whole idea of dso grade over square km is fanciful.
Dso is dig and ship as is.
Majors like bhp often walk away from good ground. Almost a prerequisite to success in some cases for subsequent explorers, like say Oyu Tolgoi as o e example.
Great, go roll the board and go drill it.
Maybe GTT will, maybe the grant is a bit of a red herring and they will drill it better.
It won't be on the back of busted a geo's ideas who couldn't put it together when they had the chance though.
There is a hint of expectancy on the geophysical "pictures" that screams extreme risk to those that need convincing.
you seem adept at dissecting in hindsight free of risk. Any old muppet can do that.
I'm wondering why you have to blame new people for old mistakes.
But I suppose it wouldn't matter who or what didn't work for you, you'd still have to "laugh" and show how it should have been.
Maybe you should call up your clout and start your own venture and become the shining beacon of potential value you like to pontificate about.
I'm guessing your often knee deep in empty twisters packets, orange hands and biscotti crumbs.

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Squid the Oracle over mining! Another GTT troll? Could be! But who cares. Many insults in your post but that is standard for HC these days when anyone has a different view than a board or management. It is like they employ an HC looker then let the hounds loose.
Obvious GTT masters at pump & dump have fans who take the quick buck but many are in for the long haul and get stung. This NV rubbish is a typical ploy of from nothing comes nothing!

SOC Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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