What does "Massive Sulphides" really mean"

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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rockstar

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What does "Massive Sulphides" really mean"

posted on Oct 11, 2007 06:56PM

I read the press release and it seems to me that they have not found any economic minerals. As anyone that is in the geology field understands, that "massive sulphides" are not ore, they are mostly just iron and sulfur (fools gold). The fact that they did not say something like "drill hole x averaged 1.5% Ni over 40 meters" means that they did not get any hits in this particular assay. Massive sulphides may sound "dandy" however, these two words were repeated no less then 20x in yesterday's PR and in my view, are an attempt to put a positive spin on an otherwise lack lustre assay result thus explaining yesterday's drop in the SP.