My hope in regards to assays timing...
posted on
Oct 06, 2010 10:36AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
This is just a little thought that I have been having when I remembered talking to Frank Candido in regards to the timing of news before and why it was taking so long to get the news out before...
FC mentioned to me that it was taking so long to do the assaying because it took longer to do the "entire spectrum" of assaying on all the drill core sent. FC also said that they now have a cutoff grade where they do "all the assays" instead of doing them automatically on "all" of the core samples sent. So...
If it is taking a bit longer to get the assays out, like a week or two, that is fine with me as I see that as the company "having to do all the assays" with the full spectrum of testing on the core because the "grade has met the minimum requirements" to warrant that much money and time spent on these assays.
I am sorry that I do not remember what the cutoff grade was that FC had told me that they used in order to select which assays get the full meal deal. If they are doing the full meal deal, that is a good sign to me that "maybe" we are getting lots of "economic" core samples done now... That is my hope anyway, and why I am in no hurry to get those assays out too quickly. The more samples that take longer, the more "economic" samples that may be returned, in MY humble opinion...
Discussion??? And I have to go to work now... :-(
God Bless all Golden Investors.
Herb