You seem like an extremely knowledgeable poster, yet you don't...

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13/12/18

20:06

Post #: 36852643
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Originally posted by Blythefan ↑

Yeah, it was a real turn up for the books that drilling an oxidised **bro returned oxidised **bro. Who'd a thunk it?

It baffles me that they are reporting that these are ferruginous zones; they haven't even sieved the chips. If this is the level of effort being put in to understanding the geology I would despair as a holder. I mean, yeah, saprolite is a PITA but when you can see chips in the trays like this, if I was running the donkey show I'd tell the geologist to get back out there and sieve the bloody stuff properly. Just chucking powder in the trays is pure laziness.

SC042
It looks like any typical upper saprolite material to me; red mafic derived clays with some hematite oxides in some parts. There are a couple of metres in SC042 (23-24m, 27-30m) that look like low-grade disseminated magnetite in **bro, the rest being either saprock (below 30m) or anorthosite (10-22m) and barren of anything. 0-6m is laterite, clearly, so the vanadium content of that and it's extractabi;lity will be conjectural. Likewise, the saprock and partially weathered rock below 30m, how does that leach? This hole, at least, has some reasonably dark iron-rich stuff in the semi-weathered rock.

SC019
Here the so-called ferruginous zones are 5-8m, 10-12m, and being generous, 19-30m. Below 30m, again, it's partially weathered rock. Not much of excitement in the saprock.

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You seem like an extremely knowledgeable poster, yet you don't appear to hold any stocks you post on or have any sentiment. And most of your posts are extremely negatIve, sarcastIc, and cynIcal. That's of course totally fine... all opinions welcome on HC. I'm just wondering why you spend so much time with nothing ventured. Is it just an intense passion? Are you bItter because you have no capItal to Invest? Or are you bItter because you lost all your capItal InvestIng? If you are a successful Invester and not bItter, please enlIghten as to your strategy. Do keep the comments coming though...great to have a balanced view!

VMC Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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