Re: Veta Minitas News Release in Plain English
in response to
by
posted on
Dec 03, 2009 02:32AM
Creating value through Exploration and Development in the Sierra Madre of Mexico
Sitting bull,
I am sorry to say that I found that report to be "2% nugget and 98% fluff". There are a few other quotes in the report that I'd like some answers on.
"this report doesnt tell us how much gold theyve got, just how much they sampled"
Why is that? when do we get the report that tells us how much gold they've got? Do you still expect this to be a 3-5MOz deposit?
"the metalurgy is favorable"
Do you consider a 37% recovery for silver in veta minitas to be favorable?
"how much of it is there? who cares?"
I care. I want to know how many 43-101 compliant oz there are. There needs to be some official numbers backing up the claims that kimber has a significant resource. The time for speculation is past.
"somewhere down there things meet and get more concentrated"
So when are they going to drill down and prove it?
"one things for sure, theres a lot of gold there at the carmen and the veta minitas"
11,100 oz of indicated gold at veta minitas is peanuts. Their last resource estimate in 2007 on their website http://www.kimberresources.com/properties-mineral-resourcesshows shows 20,200 oz of measured and indicated. WHERE HAVE THE MEASURED OZ GONE???
I dont mean this as a personal attack on you sitting bull. I think you do a great job on this forum. I am just looking for answers. After the last news release I emailed my questions to matthew hamilton with CC to gordon cummings on 11/19. No reply. Nothing helpful from Mickey Fulp. And I am sorry, but the latest you tube presentation answers none of my questions.
I will try calling Matthew tomorrow. I havent yet due to time zone difficulties. Any of the above questions you could answer would be appreciated. I will PM you with my email to Kimber.
Regards,
Golden Kiwi