I've just been re-reading the 3 October 07 Report.
It appears to me that 85 samples had grades 40 to 1160 ppm W
"The conversion factor from W to WO3 is 1.2616. Hence 100ppm W is equivalent to 126ppm WO3."
Multiplying 1160 X 1.2616 = 1463 ppm.
Doesn't this work out to 0.1463% WO? If you had enough of that on the surface it would be doggonne near mineable!
There has been lots of discussion about Watershed and the fact that we have yet to see a drill hole in Whumbal West. But I would like to hear from all the cynics out there who are knocking RAU:
Is not VML working on ore grades around 0.5% and less?
RAU and W West may be speculative, but if you can get soil sample/s with 0.146% WO grade, and NOT have significant likelihood of exciting drill results I will be amazed.
If I am wrong on these calculations etc. - let me know...
By the way if you want to see what can happen with a major discovery take a look at DOM. I don't hold them, I took notice of them when they were heading toward $5.00, and they are still going.
I didn't buy because I don't handle being left on a peak sp very well...perhaps one reason I am content to ride RAU as it climbs, pauses, and coils up ready to go...
Cheers
cb25
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
