posted on
Sep 20, 2012 03:03AM
"...Geological information, together with Titan 24 geophysical data and satellite imagery, confirms that structural lineaments which are coincident with gold mineralization on the Tesoro project extend onto the Chance E concession."
"Intigold and St Elias are excited to continue exploring the Chance E concession, which is on strike to the numerous gold-bearing veins occurring on the adjoining Tesoro property," stated Lori McClenahan, President and chief Executive Officer.
These are quotes out of news release that I find interesting. IMO.....I think this tells us she knows there is enough gold to mine on the Tesoro.....and like JD said before, why is she looking for the "source" if she knows there is no gold!??! Just doesn't make sense! So....she is following these veins leaving the property and arriving in Chance E....hoping they are going to take a dive straight down KM's!!! Bingo...the source. So my theory is she thinks the "source" is on Chance E. that might explain why she selling shares...needs cash to pay for this, (idk, I do not have knowledge on cash flow for this project) but maybe she paying upfront as the job goes on and produces.....the more hits, the more holes...the more holes, the more cash you gotta pay for wages.....maybe she signing those shares over to the workers.....hmmm idk, just rambling on I guess cuz I have nothing else to go on.
This is all in my opinion, just for the record.
Another thing to consider is how that gold got there...or how/where gold is formed and comes from. IMO, those veins should dive into the earth at some point, whether there was SO much that the trail never "dried" up and disappeared or it just continues for 2-3kms...maybe 10km :) ok that might be pushing it....who knows....especially if the anomaly on the Tesoro is actually legit. To me that would mean extreme rich to depths a heck of a lot deeper than we think. And yes I realize I'm talking deepest in world. Idk, I'm sure there holes in my theory but ask away and I will try and patch!