Does anyone know if we are going to get weekly visuals?, page-15

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dpooh

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10/06/22

12:20

Post #: 61939599
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Originally posted by JandJ: ↑

Hi @AuCu

To people who have decided to hold it is not important, but many here are on a knife edge with a few thousand of profit sitting there just asking to be taken and possibly used for family finances. For them news flow is vital.

I expect that if the upcoming holes are positive we could get 2/3 news items by the end of the campaign then more as assays come to hand.

However I am also braced for variations in thickness of the sulphide deposit. That is because the heavy low melting point sulphides come out of solution in the magma and accumulate on the basement rocks - any variation in elevation of the basement will result in changed thickness of the deposit. It could even pinch out completely and reoccur further on. (assuming massive sulphides)

+ As yet we do not know if the deposit runs stronger down dip to the east, or along strike to the north. Or if at all.
+ We do know that Pantoro's Monach deposit (7.5 km to the east of GAL's Callisto discovery) is an historical hit on sulphides almost identical to ours (-Rh probably not assayed for)
+ We do know that MC stomped up cash on market well above the discovery gap price.
+ We do know from yesterdays presentation that the whole tenement is possibly rich in Pt, Pd, Ni, Co sulphides.
+ Also we are told this might be a Platreef type deposit, and there the minerals are disseminated sulphides, not massive - so the minerals may not have been lost because there was no 'trap' for them to accumulate in.

So it is an interesting situation for us all to contemplate.

GL all.

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Wow wee that was an interesting read. Thank you. Are you a geologist? My daughter is a geochemist.

GAL Price at posting: $1.43 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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