LEG legend mining limited

Ann: Massive Ni-Cu Sulphides intersected in RKDD013 at Mawson, page-160

  1. 21 Posts.
    lightbulb Created with Sketch. 10

    I certainly hope you are correct in them learning from previous announcements, but like I said, it has me (and clearly others) uneasy.

    To your point about the nickel not going anywhere, we obviously can't be sure how much is there to start with. I notice everyone talking Nova since the beginning here because it is obviously the dream scenario for this company. Easy to draw parallels too because some of the same players are involved, same area, same type of deposit etc. But can someone explain to me why it is taken as given that there is a massive deposit just waiting to be found?

    To steal the toothpaste tube analogy, how do we know that we have found the squirt out of the tube and not the tube itself...which just happens to be a tiny fun sized tube for children. Or that we haven't just found a bit of toothpaste left sitting in the sink and the larger tube is hiding away in a drawer somewhere?

    This is a bit tongue in cheek here but I'd be interested in hearing an informed opinion on whether there is a precedent for a small localised deposit like this without a larger mother lode nearby/deeper.

    Again, still holding but interested in a bit of discussion about what Mawson looks like if Hole 14 is a duster.
 
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