you not hold but so motivated to find this and that, i have look though all your 3 posts and found what you found are bit away from the main point and i dont know what is your underlining motivation...
those three posts you posted here are mainly Mount gordon and EVEN your first post here are just about Mount oxide, and the post i am replying you now is all about Mount Gorden because from CHK announcement:
from page 5 it clearly stated that:
The
Mt Gordon exploration applications are located in the Western Succession of the Mount Isa inlier,
host to copper and cobalt projects such as Mount Gordan and Mount Oxide, Lady Annie and others.
so basically the third posts which you stated "I don't think much quality info was given by the company," along with those hyper links, you just list there to support how Informative you are but they are not mean nail the point and actually you are miss the main point, that is the main part is
Mount Cobalt:
page 2 and 3 CHK clearly stated that:
- mining licence application ML 100115 (Mt Cobalt Stockpile Project);
- exploration licence application EPM26377 (Mt Gordon Mine Area 1);
- exploration licence application EPM26376 (Mt Gordon Mine Area 2);
- exploration licence application EPM26380 (Success Mine Area 1); and
- exploration licence applications EPM26379 (Mt Cobalt Mine Area).
The
Mt Cobalt Stockpile Project contains process fines from the historic Mt Cobalt mine which operated from the 1920’s to mid-1930’s. The
Mt Cobalt deposit contained very high cobalt grades in the form of what is believed to be erythrite (cobalt arsenate) contained within a schist host rock bounded by an ultramafic hanging wall. During operation, the mine reportedly “
produced 3225 tons of hand-picked ore and concentrates, giving a net yield 226.4 tons of cobalt. Much of the ore was low grade and, as a consequence, the
higher grade material was hand-picked up to a standard giving 16 – 18% cobalt. This higher grade ore was shipped direct for export. The
mine plant operated on the lower grade ore which averaged less than 3%”. Total production from the Mt Cobalt mine was 775 tons of cobalt metal and it was lack of water occasioned by successive droughts that hampered production such that the mine was eventually closed.
(
Reference: Searching For Australian Minerals; by Keith Lancaster ISBN 1 876261 12 Page 134 Publication Date: 01/08/2000)
The area which is East of the
Mt Cobalt tenement is dominated by granite and sandstone units but also contains the same schistose metasediment known to host the cobalt in the Mt Cobalt deposit itself, some 16 km to the west. This unit abuts a metamorphosed sandstone that has been crosscut by numerous ultramafic dykes, both of which contain zones of brecciation providing strong exploration targets.
end the quote.
so
can you please go check those links you found again? the Geology in Mount Cobalt is totally different with Mount Gorden and Oxide.......
also, page 2 CHK stated:
Cobalt X has also represented to the Company that it
holds various contractual rights with third parties to facilitate the acquisition by it of
additional mining and exploration projects and related plant and equipment (Project Rights) including rights to a vat leech processing plant in the Mt Isa region (referred to as the Lady Jenny processing plant). The nature and status of these contractual Project Rights will form part of the Company’s due diligence enquiries.
MT cobalt is key here....
My conclusion:
you stated company did not provide Quality information because you could find those links..
you are Subjective...because CHK indeed provided many informations with some details to outline what they going to acquire....
tell me which company could provide EVERYTHING WITH ALL DETAILS in the first Annulment..
you would rather let us to believe those links you found from google than what CHK provided to us and you make comments that CHK informations are not Quality but you imply your one are Quality,
BIAS?
i won't use Non holder as an excuse to question your motivation, but as an non holder and have such big fancy to trying/believing you are ANGEL to save us Holders is bit ......
last, in addition to the CR negative by someone again and again, you are the new type of .....
@minoil, mate, any thought?
(20min delay)