FG1 4.17% 2.5¢ flynn gold limited

just so you know from an industry prospective, priority sampling...

  1. 82 Posts.
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    just so you know from an industry prospective, priority sampling is offered by labs all across the world. "slipping in" small batches as you put it is absolutely what happens. the reason its possible is that 20 ort 30 samples really doesnt take very long to prepare for analysis. they have multiple stations so its not like the starndard sampling first come first served stops.. ALS burnie did tell me there were somewhere in the order of 1000 rosberry samples awaiting preparation at the time i spoke to them. if a company is prepared to pay a premium through arrangement with the lab for a fast turn around, then they just wait until they are between batches on the regular samples and do them to get them out quickly. Ive personally done this with ALS and SGS in tassie as well as other places in Australia and overseas..

    Flynn has obviously not done this or their 5B samples would have been back a month ago or at least are potentially up to their old tricks from last year of just not taking the samples to the lab straight away. typically if you have a 1m qtz vein you think might be mineralized you take at least 5m each side for priority sampling. cutting 10m of core would take 5 or at most 10 minutes so they cant realistically say they spent all this time processing it ready for dispatch. Pretty clear evidence of this last year where another tassie explorer, Canadian listed Tin One announced start of drilling 27th April and got first results 29th June. This was from start of drilling ! Flynn at the same time announced April 29 assays were delayed and could take 3 to 4 months saying the lab was undergoing renovations. their next assay release was Sept 21. This was from drilling at Trafalgar which commenced post March quarter so April some time so a turn around 6 months. This obviously leaves the questions as to why one company can get assays back within a third of the time than another when they are using exactly the same lab pathway ie samples from Tas, prep ALS Tas, analysis ALS Brisbane. The only reason this could occur (outside a crazy left field event like loosing samples or having the process stuffed up somehow) is if Flynn delayed sending the samples to the lab. From some one who has run exploration programs in a lot of places over an extended period of time, there is no excuse for delaying sending samples to the lab. its one of two things, either the geos and supervisor / exploration manager are completely incompetent or they do it on purpose. shareholders just need to wait until Flynn feel like moving on things.

    It will be concrete evidence of purposely delaying progress if their intervals in 5B are released at the same time as those in hole 8. These guys drilling rate is amazingly slow so it would mean there are months in between intervals of those two holes being ready for dispatch. i suspect the consistent very slow drill rate is because they only drill day shift and potentially only 5 days a week. that's part time. in 18 years of drilling experience, i have never once seen day shift only on a diamond rig including helicopter supported drilling in western Tasmania. so why would Flynn only do day shift ? it significantly increases costs as more than doubles drill program time, the risk of the drill string getting stuck increases substantially if not turning over night, then driller needs to root around reaming and cleaning the hole every morning, sometimes for ages / hours before progressing. makes zero sense but so does waiting 12 months after IPO to do any field work in WA for eg... then waiting 4 or 5 months to follow it up but its a great company to be invested in... just ask the directors

    market obviously seeing all this
 
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