From another board, worth repeating - IMO
posted on
Nov 16, 2007 10:42PM
fnc will do their own work... during freeze up (ie about now)- line cutting - gravity work.
After that the information from current airborne survey will pin point drill targets.
Peter Smith is smart enough to know what he has sitting on his land.
Conductive mag anomolies similar to NOT and if it's good enought for NOT to find NI and Platinum group then no reason to think FNC won't have the same..
Difference is the promo and yapping and rumour etc.
Peter is getting on with work.
Latest map for Condor Diamond done by Scott Hogg & Assoc in 2006.. clearly shows a mag anomoly of 300mx500m on FNC claim (that claim being 300 acres) -
think about this... if the above anomoly turns out to be 500feet x 1000ft x 200ft depth (these are conservative #'s) that 100M cubic feet - divde that by 8 to get 15M tons avg say $1000/ton (NOT has put out release a lot larger) - you do the math - we are talking billions
NOT by the way has other claims and mag anomolies to look at and that is what will sustain the price and value...
Give Peter some time and he will get the same results as NOT..
What would be nice is for some geologists/analysts to wake up and focus.
IMHO