Re: Assay.....theory
in response to
by
posted on
Dec 06, 2007 09:26AM
Discuss the various junior resource companies within the McFaulds Lake Area
Having been away for the last two weeks and only getting a now and than opportunity to read these boards, I think the answer is obvious. IBK's White has stated 7 million tons .
The question is? Did this estimate include all of the presently drilled holes or only those that assays were received for?
Al you do say one thing that I wonder about. If any one has an answer for or would like to take a stab at it please clarify. What would only soso news be? For example, if ore is found regardless of % of nickel, copper, PGM's etc, don't all positive results add value to NOT's share price? Having "dandy"(over 6-8%nickel etc) results on every hole would be unrealistic. With the 7 million ton est we have alread decided the current price is the low end of fair value on the shares of NOT.
Keep the Faith