Dear fellow holders- I am looking to invest a bit more in this gold rush -
though coming from non geologist background- I feel I lack some understanding of the basic problem here -compared to other gold areas-
So conglomerate means a lot of little stone pebbles and then now and then a big gold nugget-
Now for my understanding of this conglomerate story - drilling could probably underestimate the gold per tonne if they don't hit the nuggets exactly ??
How do you estimate this resource if it consists of a few 15 cm large chunk nuggets and plenty of dirt in between without any gold?
I feel simple drilling could potentially result in serious underestimation of the gold per tonne - true
Please dear geologists -in plain English -how do we actually estimate gold per tonne in conglomerate ?
- Forums
- ASX - By Stock
- DEG
- Understanding Pilbara conglomerate
Understanding Pilbara conglomerate
- There are more pages in this discussion • 115 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.18 |
Change
-0.018(1.46%) |
Mkt cap ! $2.747B |
Open | High | Low | Value | Volume |
$1.19 | $1.20 | $1.18 | $2.510M | 2.121M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 35385 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 127839 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 163432 | 1.180 |
20 | 118531 | 1.175 |
20 | 180539 | 1.170 |
23 | 211573 | 1.165 |
19 | 680472 | 1.160 |
Price($) | Vol. | No. |
---|---|---|
1.185 | 116025 | 30 |
1.190 | 86102 | 18 |
1.195 | 133268 | 15 |
1.200 | 188155 | 10 |
1.205 | 32317 | 2 |
Last trade - 11.17am 21/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.18 |
  |
Change
-0.018 ( 3.01 %) |
|||
Open | High | Low | Volume | ||
$1.20 | $1.20 | $1.18 | 482104 | ||
Last updated 11.37am 21/05/2024 ? |
Featured News
DEG (ASX) Chart |