LOT 2.94% 33.0¢ lotus resources limited

80m of 0.77% Cobalt, page-50

  1. 47 Posts.
    Not a hatred, I just don't like to see misleading ASX releases.

    Yes, the assay discrepancy is discussed at length for the obvious reason that they want you to believe them when they say the re-assays are wrong. It makes a more compelling story than say, "well those are wrong but the rest of the basin might have minor cobalt mineralization elsewhere". No-one would invest.

    The original assays are impossibly high. There is nothing on the planet with such high grade cobalt over such thicknesses. That is just a fact. This is a dud and will be proven so when they drill.

    My guess is that it was the saw they used to originally sample the core.
 
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