SGQ 3.03% 3.4¢ st george mining limited

@ozblueThis latest announcement states that MAD201, which is...

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    @ozblue

    This latest announcement states that MAD201, which is 125m down plunge from the 10.96m MAD199 intersect containing 1.87m of massive sulphides, intersected a 2.4m interval of nickel copper sulphides containing 1.03m of disseminated, 1.12m of stringer and heavy disseminated, and 0.25m of massive sulphides. The massive sulphide hit in this hole regardless how small is great news as the sulphide veins swell and contract and zig and zag through the ground and where there is some mineralisation they is definitely bound to be more. You state that St George is guilding the lilly by inferring that the mineralisation is continuous. How can you make such a statement when you do not have access to all the information that the St George team and their very capable consultants, who have all been part of many major discoveries, have. You state that the dhem plates they have identified are too small to be worth drilling and ignore the fact that the St George team believes that these conductors may lead them to significant mineralisation between the MAD199 and MAD201 holes.

    The announcement makes the following very important and factual statements which should not be dismissed by you or anyone else:

    • The sulphides from this modelled conductor indicate that weak conductors can be a vector to more distant high grade sulphide mineralisation and that in light of this they are now reviewing all the dhem results identified to date with a view to upgrading a number of dhem targets to priority targets for massive sulphides.
    • The 3 conductors are in close proximity to each other, suggesting they are potentially associated with greater volumes of mineralisation.
    • The 3 conductors are located up dip from MAD201 and towards the high grade intercept in MAD199, which supports further mineralisation along the down plunge between these 2 holes.
    • Modelling cannot always accurately predict the geometry and size of sulphide deposits, particularly if complex, and the modelled plate is not a definitive measure of the scale of all the sulphide mineralisation.
    • The detection of an anomalous response in a dhem survey does not preclude the presence of further conductive mineralisation beyond the location of that anomalous response.

    I don't know if it is continuous and you don't know that it is not but based on this downward plunge extension and the fact that there are 3 high siemens modelled dhem plates between the 2 holes I will go with the experts on this one as there could be a major feeder from the west, east or below that lies between these two holes.

    In addition, as I have stated previously the dhem approach being used by St George does not identify blebby and disseminated sulphides and as such there could be huge amounts of these sulphides surrounding all the dhem plates identified to date. A vast majority of the world's profitable nickel sulphide mines do not have any massive sulphides so let's not pack up our bags and do a mass exit just yet.

    Only drilling will reveal what is down there so stop implying that St George is wasting money by drilling these smaller highly conductive dhem targets when you don't hold any shares, you don't have all the information, you continuously question managements integrity, and you have been caught playing the trades after making negative comments.

    Cheers SandyC
 
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