What To Say When...
posted on
May 27, 2008 10:49PM
...so much very good commentary has been provided this afternoon.
The SP held up very well and there seems to be fear in the "Want to Controls" that there may be too much competition to ACQUIRE more shares if they try to push the SP down too far. The normal slide in SP after Trade Resumption was rather weak. Pity! as I would have loved to add a few more if it did the past TYPICAL sharp DOWN after playing out the Morning Speculative JOCKEYING.
Back in Sept. 2007 I did look at SPQ's Cr very seriously and concluded they had only sufficient Grade to Justify a Good Mineral Deposit if they could come up with 2% Cu and or 12% Zn in sufficient Tonnage. With Noront's DE1 the cost of a Cr/Cu/Zn Mine development would be reduced considerably and thus SPQ became a reasonable BET (land position being a great help for them as well). With time (and it was not until NOT struck more Cr) the situation looked more promising on the potential for the Cr. Now we know that there will be a heck of a lot of Cr found through out the entire "Ring of Fire INTRUSION" (" "RFI" ").
This gets me to Quack's 'SUNNY SIDE UP' EGG analogy.
I have been wondering what I could post that could help out on that " SUPER BIG" issue that would help all, especially the less Geologically inclined. It is a good enough analogy for the basic context of the "NEW VISION" Working Model Noront Management seems to have developed, assuming that is the focus of the "NEW VISION" several referred to a month or so ago.
All I ask at this time is to have the Geo types provide commentary on the "Conceptual Geo Model" Noront's Geo Team have described in the news releases today (actually yesterday now). What I can add to Quack's idea is to simply sprinkle many flakes of Pepper on tpo of that 'SUNNY SIDE UP' EGG. The Pepper will be analogous to the Mineral Deposits associated with the Pluton. The Aroma wafting from the EGG into the surrounding air (older surrounding Country Rock can be thought of as the Hydrothermal Venting Cu/Zn anomalies on the outside of the RFI.
Old Joe
PS: The News would be disappointing only to the Greedy Hustle Bunny types looking for quick flips, and I am loving how they are being challenged with their Greed and "Lack of Knowledge".