What If?
Currently we have a collective grade of samples being about 30gpt on a handful of samples over a very vast area that has been described by Novo while they investigate the Purdy area. Soon we shall see some results that even at 10gpt would be quite explosive. We have to wait for Novo to release a promised 3 tonne trenching sample from pit 1 that they promised by end of Jan? But they did not.
In the past we have seen results from Novo stating that they did not find ‘fine” gold like they did previously at around 11gpt which caused a price drop. Then later it has been stated that fine gold is throughout the conglomerates via a later Novo release?
What is going on here? We have seen Mr. Sprott push this in his Jeckle Island conference speech by stating forget the nuggets and concentrate on the fines which were 11 gpt. Many would have gotten into this for that reason, just like I did. I do respect Mr Sprott and his opinions.
Now we have a release from Novo today saying it is going to take weeks to examine Bla Bla Bla.
What if originally that all these guys ramped this up because they could not believe what they were seeing and then over time realised what they were actually seeing and then pulled back from the upramping and went into a downramping stage to try and accumulate all they could? I know I have a tin foil hat on right now but I have seen this in business before.
So we have Novo who has by their own reports having 0.5 to 2gpt at Beatons Creek. We also see that they have a small land parcel in Nevada which appears to be now ignored by their own information on their own web site. Novo was nothing till it stumbled upon the Purdy conglom and I have seen 4 different reasons why and the forth one I believe.
What if the intention was to completely Fup by doing large diam core drilling which anyone who knows anything about hardness issues and geology would have known from the start that it would not work. What if these guys that are the project managers who have not seen grades like this before would want to down play it so their buddies can get in on theirs at wholesale prices under various company names?
At the end of the day my “What if” will be vindicated if the overall grade comes out better than my 10gpt wish over all conglom sequences.
I am not pointing fingers here and all parties involved are completely innocent until proven guilty. I don’t want to cast aspersions at all but I am smelling something here and the delay of results is not because they are bad. It is because they are good IMHO.
This is quite an unusual event in the Gold mining world and I hope that we as shareholders can be informed clearly so we don’t have to write and imagine the crap I just did above. Q
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