CDU 0.00% 23.5¢ cudeco limited

cdu's mined copper reserves, page-10

  1. 2,755 Posts.
    Zed

    Is there a few of you guys sitting in a room together? Noticed you were a read for one thumbs up, some times I see 4 thumbs up for 10 views, the odds aren't in your favour for those stats.

    I do agree with you they should announce what the overall grade of the stocks should be according to the mining model which is based on the JORC and then give their own estimates and I do mean estimates because you cant accurately determine the grades until it is crushed.

    You keep saying other companies do it but they are stating mining models correlated with blast hole data and then by the time they crush and sample it is more accurate and will change.

    Cudeco,s argument has always been the nugget effect and with the last 5000 tonne crushed stated that the drill hole samples back up the JORC but once mined, crushed and sampled was 4 times above this. How do you recommend they sample the stockpiles using a composite sample when the rocks can be the size of your fist, head or ego
 
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