We've recently read that about several resource calculations that have gone astray, so I decided to give you a little test.
Here is a leapfrog viewer file (link) of the gold assays and veins for Dalradian's Curraghinalt deposit.
Your challenge is to pick which intercept is related to each vein specific vein.
It is an impossible task, but the idea is to show that in many deposits the mineralisation isn't typically in a single vein/manto/disseminated zone but is much more complicated.
We, the public, only get a simplified snapshot of the data. This is, for obvious reasons, presented in the most positive way possible.
I'll show you my interpretation if you show me yours!
Dear Angry, since you seem to follow Peru mining and geology - may challenge you to look at the LAT geology - Latin American Minerals - a district size mining are that has not been thoroughly drilled yet and predict what the first drilling results will be that will be published soon this fall - average grade, inferred resources. How likely it is that we are onto something great here ...
ReplyDeletehttp://palisade-research.com/dwarfs-standing-on-the-shoulder-of-giants-latin-american-minerals-tsxvlat/
Latin American Minerals’ gold project area consists of a staggering 15,020 hectares and is analogous to district plays like Anglo Ashanti’s 6 million ounce, Cerro Vanguardia, and Goldcorp’s 4.5 million ounce, Cerro Negro.
AG,
ReplyDeleteAXR/AXU just released some initial assays from their current program. Any opinion?
http://www.alexcoresource.com/i/pdf/nr/2016-09-13_NR.pdf
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Ace please throw me several silver names to look at please. No large caps.
ReplyDeleteTIA!!
Thanks. Here is what I own in no particular order: AXR, IPT, EDR, USA, EXN, ASM, GPL, GSV, TGD,GCM and MUX.
ReplyDeleteTom, it appears that your stock selection is fine, I own several of them also. My opinion is that rising metal prices will make all of those stocks you listed rise. Now it is up to you to study each company and see which ones will perform, the best to the worst, in your list and place your capital weighting accordingly. May I suggest spending your time understanding what each company has going for it. Call up their IR officer and have a chat, ask them to give you the scoop. Look at charts for all those companies from long term to 5 minute. Do ratio analysis comparing one company against the other to see who has been out performing price wise. For example going to stock charts do a ASM:GPL or IPT:EDR and look at those charts. Anyway that is what I do and I hope this helps...GLTA
ReplyDeleteThank you Silverwood. A post without vulgarities and one that uses good English! I will look a bit closer at ratio analysis. I buy a basket that way I do not get as much stock performance envy if one I own does not go up as much as one I do not own so I bought most of the names I like.
ReplyDeleteAG: cant download the files, is it 'cos its mac laptop? well i wanted to try even though haven't done anything like that till now.
ReplyDeleteTo TOM: I would suggest you sell half of your MUX and GSV shares, take some profit and rotate to TGD: Timmins Gold. TGD is undervalued and it has more upside than gsv and mux
PO Go you read my mind I did sell MUX this morning too early,
ReplyDelete:-(( , but rotated some into TMM and my other small silvers which did quite well today.I have trimmed back GSV as much as I want. I still like the idea they have a lot of assays to follow the rest of the year.
Best Regards,
tom