BGL 0.74% $1.36 bellevue gold limited

drilling, page-17

  1. 5,298 Posts.
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    Opto,

    Im not trying to be negative here but im concerned that you are inadvertently spreading the message that DRG have a pure coking coal resource.

    You need to read carefully what has been stated in the propsectus..

    "A random core sample was taken from BTE-002 to establish the view that the coal seams within the Teeg licence displayed coking properties due to the visible high vitrinite content. Testing in Australia showed that the massive coal seams intersected have the potential to produce a soft coking and high energy thermal coal".

    Also what is stated in the investor presentation:

    "Initial raw coal quality tests confirm presence of
    semi-soft quality coking and high quality thermal properties"

    I can assure you that if the entire 60 metre seam was identified as quality coking coal, the SP would have never seen 50c.

    In my previous post I asked for conclusive assay results. Are you able to direct me to these please? Its ok to spruik coking coal but I can assure you that DRG is yet a coking coal player.

 
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