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au porphyry resource table, page-38

  1. UFX
    1,141 Posts.
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    I have to agree that Peter's announcements are at times worded in a positive light, but are always interesting to read. I prefer that compared to dreary matter fact announcements by some companies that lack detail.

    If Peter was to write announcements in a less positive way, people would be on here declaring why on earth doesn't he try to sell the discoveries, blaming him for any sp declines.

    In my opinion, the real reason why he does juice the reports a little is he always is a step ahead of any investor and knows much more. He knows perfectly well roughly how much Copper mineralisation is in at least 3 holes ahead of announced assays. Gold is hidden in the cores so there's no direct evidence but some bleached cores certainly look potentially gold bearing. Copper mineralisation in Chalcopyrite, bornite and hopefully chalcocite in the associated alterations within the prospects are a dead giveaway for Peter. He just can't see the exact grades. He's seen the core of 6 holes. We have only seen the core of 2. I'd believe Peter's interpretations and announcement titles any day of the week before meerkats.

    The truth is he knows much more than he is allowed to say. We are all just dummies here speculating that Andewa doesn't make him look like a fool. I doubt that he's a fool. He comes across as a genuine good person and I believe in his ability as an MD and a geologist.
 
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