true story , page-20

gents,

re TI

I do believe its very much like finding a fault in a complicated bit of electronics.There is no point in getting an announcement every 5 minutes,saying we've checked the lead,that's OK,the power supply seems to be right,no fuses are blown and so on.

Let them come up with a succinct punchline and costs.

The Trouble standing behind the techs,is they get a bit techy about you seeing some tricks of the trade.Some can be a bit unorthodox and a bit rough and ready to onlookers.

Lets wait until they can say how big it is and what it will cost and how they plan to develop what they have found.Then we'll see if its viable to spend the money on it and how much that will cost.

up to date they are of the opinion its worth spending the money they have looking for the result.I trust them enough to not go wasting money and i trust the specialist technicians employed just to chase the target.

Yes,we could probably have built a causeway and started mining some outcrops.We would however look rather stupid digging it all up later to mine the main resource underneath it,if its under there.

the real questions are

How Big?
The costs of mining it?
Is it viable?
How?
When?
Special processing needs?

A few drill results may indicate where to go next and exclude where we have been.I don't need those details,just the ones above and a JORC for some ounces to keep everyone happy as a starting point.That may take a year or two or three,realistically.

ringing the tech everyday just adds to the bill and is timewasting for all concerned.

Let them get on with it and instead wonder what's currently happening at Coolgardie and how much cash that may or may not be throwing off-NOW to pay for that later development.

Face it,if the company isn't in existance,or doesn't have access to the resources or the ability to develop it,it won't be of any benefit to us and await its next owner.If the goldprice collapses,then all bets will be off he table,i suspect.

That's why,NOW and COOLGARDIE are all the MORE important to our future wealth,not TI results.

Fitnfam

DYOR+DYODD