Re: Calling BOW
in response to
by
posted on
Oct 20, 2011 02:26AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Well, just got off the phone with Sculpin after approx 1 hour conversation. It's past 03:00 for him, (probably 03:30 by the time this post is done, cause I know he's staying up to read it) and he's still digging up info. Thanks for all your work Sculpin. It's not fair either to pinpoint just Sculpin, I looked today and we had 6 pages of posts, and there's 40 on a page, unreal, 240 posts in one day, so thanks to everyone! It was a day with so many different views, and so many emotions. This is a great HUB!
Anyway, I read his post, I guess if my names in it, I better do some DD and respond.
We had a very good conversation regarding this NR & the Mining Stock Report. For any of you that thought this latest NR did not hold much value, I suggest you take the time to go over this report, maybe a few times. Personally, I went over it much too quick this afternoon, and Sculpin got me thinking otherwise tonight, as we reviewed it together.
I can't cut & paste from it, so I'll just type out just one of the paragraphs, and trust me, there are many more, that show and justify what many of us are thinking:
Assays and Titan 24 geophysical surveys show Tesoro contains large deep anomalies, up to several billion cubic meters in size with high (mostly gold) sulfide content (>1%)
So, what do you all think or read into that?
Like I said Sculpin & I talked for over an hour. We for sure do NOT want to sound like pumpers, but... Quack Quack!
I agree with the several billion cubic meters, cause the anomaly is 3.978 billion when I do my math. That is just the Zona Central!
But, what do we think with the mostly gold high sulfide content of greater than 1%??
When you talk grams per T, it is the same as parts per million (very small). However, 1% is actually 10,000 grams per T. So now what do we do? Can we say lets take 1/10th of that? How about 1/100th of that? Even 1/100th would be 100g/T. He says it, not us! So, why do we use only 1g/T & scale it so much? Not sure, LOL
I know when we do our math, some like it, some don't, for the people especially that don't, that is why I for sure try to always keep it so conservative, so it makes it as believable as possible.
Remember when we say only 1g/T, and scale it to the point that we're actually saying 0.29g/T, and that still gives you a triple digit share price at only $150 per OZ in the ground, but, this report states the mostly gold >1% sulphide content, I hope it just makes everyone realize just how conservative we've been.
This is truly an amazing report, and a NR that I think when people take the time to review it, I think we'll all be very happy with. It is very easy to see the negative from the NR, but I honestly think if we all take the time to review it properly, there will be lots of positive conversation to follow.
BOW2U