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Ann: Diamond Drilling On Track for June Resource Update - Colina, page-54

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sledge52

718 Posts.

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03/05/23

10:45

Post #: 67581211
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Originally posted by Risklevelchancy: ↑

I agree with Johnkovacc, Veecat & Shan_e, re over 80+ mt in Colina alone. However, respect people like Dawg, Sledge 52, PeterC re their slight conservative estimates.

My theory (based on just looking at the size of the swam undrilled area V drilled area Col West 13mt) is correct that if the old original "Colina West "continues, same, same further West, (IF), then I'd simply say, min x4 the size of that first Dec 22 news, 13mt. Note they felt it will be 22mt at Col West?, based on that location alone thus 22x=88mt max. & that's just the whole of the new "Colina". Doesn't include down south Salinas? they call it? where they have found sites of significant interest.

Looking at the diagrams they conjure (draw) in the released reports, West of Colina looks bigger, like x4 bigger re land size! Sledge52, you did those dots black & white comparison? Could you work out that first area called Colina West V all unknown again, using just land size. the unkown V unknown? I think you probs did do that, but I thought maybe not quite. Your result was an estimated 40mt. I like what you did there, but was expecting a higher result even going off the avg.

It's not about me being right at all, just all of us together trying to find out the best info/estimates with what we've got, from diff angles, before the market really moves on this. Time will be our best friend or foe as little as mid may, & def by end of June/July actuals will be known. I don't have these tools re dots. & grids. But it's a very smart way to work it out. Well done. If you already did that, that's cool, just thought was slight diff.

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I just used arbitrary numbers with that calc, I just dont want to put myself out too heavy with a bold claim just yet. I'll play around with some different numbers tonight, what did you want me to test out?

LRS Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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Ann: Diamond Drilling On Track for June Resource Update - Colina, page-54

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Ann: Diamond Drilling On Track for June Resource Update - Colina, page-54

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