value buying with achievable growth, page-6

marsup
I am a believer but do not ignore the point that it just might not be there. Most think this is a mined out area. New technology might prove otherwise and I hope they do.

I have posted on here comments about the stats on VMS deposits and not one single reply.

They can only find an elephant if it is there. If they find a good one you are looking at a ten bagger. This one exists on the hope of a big one but don't ignore they bought a run down mine from a group of miners who had been there for a long time and they did not find any more. What Mike has found might be nothing more than chips moved sideways by earth movement.

Read up on the stats of VMS deposits, this is from memory and may be wrong, the biggest in a cluster is 60% and the rest progressively go down in size and that going down is quirt dramatic. If there are 12 say in a cluster, the pickings from the final two or three would be small, but still good for a few years. It's the leading two or three in the cluster we want to find and my guess is they have already been found. As I said no one has answered my question.

As one plate slides under another it takes water down towards the earths crust which boils up some distance along the way. This is how these deposits happen.

I am absolutely sure that inside all the mining companies in Tassie there are charts of whats been found, the size of the deposits and their locations. Coupled with this would be the probability of further finds and where each find is on the pecking order. These charts are probably well guarded secrets as they, if all collated together could be a guide to probability.