HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: DE assays result ????

DE assays result ????

posted on Jul 14, 2008 01:01PM

I did a quick check on the news release and find something very very interesting...( pls someone recheck my finding)

After Jan 30 assays result ...I only can find the May 27 and May 9th assays result on DE, they account only less than 16 holes...

that means for the last half a year of work of drillings , we have 2x 4 drills /month x 6 = 48 holes

plus one drill starting in June for 6 weeks = 6 holes

total 48+ 6 = 54 - 16= 38 holes pending for assays result...

in our member forum, some said the it only took around 4-5 days /holes , so mine calculation is pretty conservative...

why it takes so long for the assays, again,is it the reason the NI is>1% that we have to redo most of them ?

or because somedrill holes are insignificant that there are no news on them...

or the assays result coming from SGS and Actlab are too slo...w..w

That may be one reason why our share price leads to the shortie attack...

BH





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