Ann: Corvette Drilling and Metallurgy Update, page-229

First 229 Last

Share
Profile

Follow
ChinaDragon

3,783 Posts.

483

06/07/23

14:54

Post #: 68656363
Share

Originally posted by Antipater_100: ↑

agree he is a good Geo.

People need to understand good Geo does not mean Magician. He is guided by what he sees from veins, geophysics, petrography etc.. and he is drilling.

Geos develop hypothesis and then test it if true. Good Goes adapt to new findings and some stick until they turn blue in the face.

Adam is not sticking with the same when he sees a need to test different orientation or take different approach. Also, it appears he is willing to move on if results are not coming back as good as they used to be.

He can't change what's in the ground. But he can change strategy as long as the ground is prospective. And that has already been confirmed.
All this mineralisation came from somewhere. But finding the high grade areas and the causative intrusives is not easy. Look at ALK, they only found their first almost 100 holes later. Yes, they should have and could have done it earlier but that's another story - and even then, it would still have taken lot more than handful of holes.
In short Geos also need luck. Lot of luck to strike it with only few holes.

People should analyse if the ground has a chanse to produce porphyry or not. Then if they have the right Geo for the job.
And then to assess what happens with the SP if certain results come poor.

I did not sell because I don't believe Myall will not produce the results but I sold as I am starting to think it may take lot longer to get there. Therefore, I think I can buy at lower price later on.
That means I still support Adam and have faith in the tenements.

Expand

Nothing controversial here.

MAG Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Making money: How many microcaps should be in an investor's portfolio?