hedge funds raised bets on a gold rally , page-5

Don’t be too surprised
When BGS declares they have found localities reportedly diamondiferous! But that’s another story about Liberia.

Currently KJ and the team are trying to delineate a reasonable size area of Nitola.
Ann from early 2011 up till present pretty much spot on with their strategy and time management.
The Auger drilling is ideal in the way it proves up ground “fast and furious”
The RC drilling found the footwall IMO and now the fun really begins with detailed assays to come with deeper Reconnaissance from Diamond Drilling...
Heres abit of new news that maybe of some interest to LT holders...
“Eastern Liberia contains the southern extensions of the Birimian belts of eastern Ivory Coast. The Birimian sequence is a very thick and extensive package of metasediments and metavolcanics recognized in Lower Proterozoic rocks of West Africa and is prominent in Ghana, Guinea, Burkina Faso, Cote d’Ivoire, etc.”

“Economic mineralization throughout Liberia is thought to be typical of other global Precambrian mineral deposits, i.e. banded iron deposits and quartz vein-hosted and shear-related mesothermal lode gold deposits associated with Greenstone belts. Jurassic to Cretaceous-age kimberlite rock has been mapped in north-western Liberia with some localities reportedly diamondiferous. Previous work has mapped ‘Birimian-style’ rocks (or metamorphosed supracrustals) and associated gold mineralization.”

http://www.libmin.com/projects/liberia/geology/