Grams/tonne / northvalue
in response to
by
posted on
Apr 01, 2008 08:44PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Thanks for the idea of doing something other than
complaining about chuckdog. I consider a range of opinion
and he does a nice job of showing the negative end.
I never forget that the Richardsons and the other
principals are smart and were happy to pay $4.
The low stock price is simply what happens in WINTER
when exploration stock prices get hammered by 'no news.'
I admitted a long time ago that with KXL I failed to follow
my own rule - never hold an exploration stock over the
Winter - so like everyone else I have to ride it out. Yeah,
oil was $7 a barrel a few years ago. Same gasoline as
$100 oil today. And yeah, maybe it was silly to leave the
lawn mower out in the yard all Winter, but that doesn't
mean there won't be any grass to mow this year.
So on to grams and meters. Northvalue, I didn't
understand your question. I redownloaded all the KXL
news releases and I see nothing other than grams or
ounces per tonne. There are some bizarre practices out
there with a few companies that use grams per meter
cubed, and that is indeed misleading by about a factor of 7.
But I haven't seen KXL do anything funny.
Yes, they do use xx meters of so many grams/tonne -
can't be any other way with drill core. There is too little
data to define an ore body yet where you can rate the
whole thing by grams or ounces per tonne.
Maybe I have answered your question ??
Sorry for the funny formatting, but Agora in a series of
emails has let me know that it's unlikely that the site
formatting will be fixed for those not running Internet
Explorer 2.0 and Windows 95 or whatever they're using
(slight teasing on my part). It's still worth posting here!
P.S. Here is Geraldton weather. Very cold, but some
positive days. Same as stock. I guarantee Geraldton and
KXL will be plenty warm by Summer.
P.P.S. A dear friend who is a teacher and should know
better put some peas into the dirt in my garden last year.
One day after planting she stared at the ground and
plaintively asked "why didn't they sprout!!!???". Same
problem as KXL.
P.P.P.S. We all need a laugh. While you're waiting for
the snow to melt and the drills cores to come back, check
out the new Pii game for women ... Game price,
maybe $50, the youtube video ... priceless.