Ann: SGQ: Thick Nickel-Copper Sulphides Intersected Down-Plunge, page-9

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14/09/19

14:45

Post #: 40422680
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Originally posted by CashedUpBogun: ↑

Hi there Loc - i got completely TARRED last night on bundy and cough syrup so soz for my spelling and grammer

that will depend on a number of factors - the actual dimensions of each lode, the proximity in space to each other (eg if they can be bulked out or have to be mined selectively) the recoverable metal content and/or metallurgy (including deleterious elements such as arsenic), the geotechnical properties of the host rock, the depth from surface, groundwater issues (to name a few) - contributing factors to the economics.

It could be, as mainholm (bless his cotton socks) suggested that regardless of the grades these are too scattered and discontinuous to be economic- but it's impossible to tell at this stage.

SGQ could actually shoot themselves in the foot, like BRB did by committing to drilling the deposit out (which cost shareholders dearly by dilution) - it may not stack up, or stack up as well as initially perceived at this stage. Sometimes it works the other way, like SIR, where full value would be extracted by taking it through to feasibility. Market perception plays a role.

you see, ore deposits are like lingerie - sometimes its better to keep things left to the imagination.

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Thanks CuB. I love lingerie,10 baggers, MCR and beer.

I intend getting sh#faced tonight watching my football team win a knock out final and advance further into the finals.

Speaking about advancing, it will be interesting to see how each future drill intersection upgrades an investment decision in SGQ - whether it strengthens the mineralogy or management's/suitors various success strategies with this company.

LoC

WSA Price at posting: $3.23 Sentiment: None Disclosure: Not Held
3 Upvote

1 Great analysis

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