Re: In the Doghouse
in response to
by
posted on
Dec 19, 2010 08:41PM
Focused on the Rice Lake Gold Belt
Old Hound, looking at the Institutions on the buy and on the sell with a $ 0.015 trading gap between , I"d say the bullies on the Greens got us exactly where they want us. Sans new video 3d video shows an extended hangwall ( purple strip ) extending West past San onto SKP territory ( JV ). Mr. Bill Ferreira also leading our drill program is following up on what he calls pockets of high oz gold ( traps ) leading North West from Cartwrigt as the last 5 holes anounced proved up the 2000 ft extension of hangwall . Look at this as an example what Bill is talking about....,,,,very distinct rock unit and structural feature intersections present themselves as attractive drill targets. The prominent lithological features are interpreted as basalt and/or gabbro units possibly similar to the main gabbro unit that hosts the Rice Lake ore deposit or minor mafic units with altered contacts such as those hosting one of the near surface high-grade hanging wall deposits on the adjacent San Gold mine lease. One of these features is a 1.5 km long, roughly east-west trending magnetic high that is cut at three places by northeasterly, Type-16 oriented cross-fractures. Magnetic lows associated with these intersections are interesting since the injection of sulphides by gold-bearing fluids often converts magnetite, a magnetic oxide mineral, to pyrite, a non-magnetic sulphide mineral, resulting in patches of low magnetic intensity.
......this ex, is exactly what Bill mentions in Sans video, again this example "In the southern part of the survey area, another mafic unit is tentatively interpreted as a distal northwestern extension of the subvolcanically injected gabbro that hosts the Rice Lake and adjacent Cartwright deposits. Importantly, this southernmost mafic unit is also cut by the same regional Type-16 structures that are caused by the late stage deformation event that appears to have mineralized the entire central part of the Rice Lake greenstone belt.
..Old Hound, don"t be sucked into the Politics on the Greens where trading bullies of all sorts work for the man and steal your shares. Yes an abundance of shares are for sale but that is apart on how market makers drive down a share price. Alot of shares are on the ask side but again the same houses are on the buy side, so at tax time those needing to sell are forced to sell at the low bid price... PS; I sense that you have a knowledge of geology and i agree with your thoughts, i have repositioned my Greens position and now have a $ 0 .20 cost average ( SKP ) from here to go forward AS i see a better return from here then SGR...Traps7