FFX 0.00% 20.0¢ firefinch limited

ann: grades, depths and key details missing, page-2

  1. 11,007 Posts.
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    Have you miss the boat Russian Roolet or are you just being technical? The report specifically says it is alluvial, in otherwords it is more like the surface. About 60 over years ago the British became aware they discovered some thing silvery and mistook it to be silver.The whole place was name Perak which means silver. In actual fact the whole state became the richest tin mining state in the world in those days. They discovered tin and the Chinese used very low cost alluvial mining method to extract the tin. Whereas the British used expensive dredges to do the job however they were able to mine deeper into the earth, nevertheless this alluvial mining made quite a few middle class Chinese in Malaya rich then.
    Likewise the whold place could be filled with gold at very shallow level, if so BGS stands to benefit from this discovery which now cover a very vast area. BUX yesterday went up 50% because of their discovery.This discovery will reflect in the SP of BGS.
 
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