Ann: Ivittuut Drill Samples Confirm High-Grade Rare Earth Results, page-66

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PokemonGo

6,947 Posts.

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24/11/21

11:41

Post #: 57811948
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Originally posted by Chopsthecat: ↑

Not once did you raise such credibility concerns over in GGG land when people were making $20 and $30 share price calls on GGG. In fact, as recently as yesterday a duel poster here and GGG was making $10 share calls.

Poke's call i believe is based on the information out there about the estimated 5-6m tons of Quartz in the pit. People can run their own calculations and I recommend they do it based on the worst possible price and lowest possible quality for Quartz.

Now let's not forget that at one stage, the pit was not a pit. The pit was dug chasing one particular element... Cryolite. Historical research shows that only Cryolite 'White Gold' was shipped and measured using piles x width y height. I find this extremely important because as the below scientific data shows and recently released data in EPM reports, there was a lot of other things alongside of Cryolite. And if the old timers had a singular focus on Cryolite, why did they leave so much behind?. If the old timers did not have the ability to remove all of the Cryolite from the 'other' elements, they sure as hell did not have the ability to remove Zinc, Lead, Quartz and now apparently Silver. They sure as hell did not have the technology to test for REE or care about them pre 1984 when the IPhone was decades away. The old timers took clean, unspoiled Cryolite and shipped it whilst dumping everything else in piles, building the road and the dock wall.

I'm not calling for billions or x price. I here because of one of the most interesting historical mines in the world, with particular factors that led to a unique mining situation for over 100 years. I could lose money, yep, 100%. But the historical opportunity are unlike anything I have found on the ASX. I'm excited to win or lose on this one.

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Thanks Chop for sticking the facts into the usual blatant down rampers

EPM Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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