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"I read and quoted from the announcement re 100m" No, you...

  1. 1,242 Posts.
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    "I read and quoted from the announcement re 100m"

    No, you didn't.

    You ignored the great big photograph showing the ore outcrop.

    You ignored the drill report that had a hit starting at 6m. So even if the ore didn't outcrop (which it does) they would only have to dig 6m to hit the ore, not 100m.

    And thirdly, the biggest mistake of all, you assumed that because the average was 100m, the entirety of the ore is at 100m. Here is why that was a mistake: if I start a new job on July 1st with a salary of $120k per year, this means the average of payments to me is $120k in 6 months time. This does not mean I have to work for 6 months before I get paid.

    And nowhere in the release does it say "the orebody is at 100m so we have to dig for 100m to get it". You didn't quote that at all. You did an analysis of some of the data presented, ignored other parts presented then proclaimed an erroneous conclusion,
 
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