You wrote:

For the record, I would far rather read a post from Polylabel (or anyone else), that challenges conventional wisdom (NOT running to $100), than read another post that says NOT will hit $100 'because we hope it will' or another satire about numbskulls.  

I never wrote I hope It will.  I gave very specific DD material to support my position including the fact that comparaison's have been made to Sudbury (read JohnDefur post below if you have not, very long but needed if you are in this stock)  Sudbury has mined over 1500 million tonnes of ore.  In my rambles of this stock going to $100, I specified what was NEEDED to reach that SP and that was 50 million tonnes.  Now when you compare 1500 vs 50, I am possibly way underestimating the SP.  Richard Nemis himself drew attention to the fact that our area was 2 to 3 times the size of Sudbury.  So I am not saying I hope, I also have a very reasonned approach for suggesting that share price.  If you Chrism have not read the post comparing both areas, here it is:

Warmest regards and happy DD,

Glorieux

Geological Case for a “Meteor Impact”Theory Genesis of McFaulds, P.3
By johndefur* copyright  2007

To all McFaulds-aholics, I strongly recommend that you cut, copy paste or print this article, and read it thoroughly, in a quiet spot somewhere, with a glass of wine perhaps, so as to absorb it’s very important potential implications for McFaulds.

The opinions/theories as to the Geological Genesis of McFaulds still rages…The 2 most common and competing “theories”  remain unresolved, Natural Geological/Geophysical Processes and/or a Meteoric Impact…My previous  Geological Theory Genesis of McFaulds P.2  was devoted primarily to the Natural Processes of known McFaulds Geology. This article will attempt to make the case for the latter, a case for  Meteoric Impact theory of McFaulds

 A  Meteoric Impact Theory for McFaulds.

After studying/reviewing the Geologic/Geophysical maps and discoveries so far disclosed for McFaulds, and comparing them to the closest Meteor Impact to McFaulds, the Sudbury Impact Crater, I was truly surprised and simply astonished at the very extraordinary and striking similarities between the Sudbury Impact and McFaulds, in Size of Impact, Metals contents , Primary Minerals, Types of deposits,  Zoning  and distribution of deposits.

First a brief word about Meteorites…as romantic as they may sound, not all Meteorites etc. burn up in our atmosphere unfortunately, the real BIG ones, like the one responsible for Sudbury etc are vicious extremely violent destructors...One of them CT 65 was responsible for the complete destruction/elimination of the Dinosaurs, and much of life on earth as it then existed . .A thin layer of Iridium , has been detected in Sediments almost worldwide as the result of said Meteorite Impact. Thus the large presence of Iridium, may be a good indicator of a Meteoric Impact at McFaulds.. It must also be said that these BIG Meteorite Impacts have made Human Life Evolution possible, by eliminating all those GIANTS... the BIG Meteorites are generally thought to be very large/heavy remnant pieces of solid materials including, stone, Iron and Metals, that were very violently broken/blown off , and now are in orbit in the middle limits of our solar system in what’s known as the “Asteroid Belt” and periodically smash into/impact the Earth  ...

Meteors, Asteroids, etc.. have the POWER to both destroy Life and to give new Life...I have developed a special  place in my mind/soul for them, in part because of their unimaginable POWER...and oh...btw...they also have the POWER to make some of us  RICH !! by “creating” very rich concentrations of base and precious metals deposits

Within the Geological community , Meteorite “theories” were frowned upon and ridiculed  for decades. I distinctly recall an involved conversation with a brilliant Geologist from the OGS, about 15 years ago, who was still not totally convinced that Sudbury was in fact a Meteor Impact site., and he was certainly not alone. It wasn’t until more recent times that the Meteorite Theories have been much more widely accepted, especially the Sudbury Impact.

First , a notable difference between McFaulds and Sudbury…Age…Mcfaulds is approx. 2.7 Billion years old…Sudbury is about 1.85 Billion years old, making McFaulds 850 million years OLDER than Sudbury. Perhaps the most important point to make about this age difference, is the fact that the earth’s mantle, was far hotter, and more dynamic than it was for Sudbury, and then certainly today. In addition, the earth crust may have been closer to the mantle than it was then or today. This in part may have resulted in much more partial melting into the mantle at McFaulds, and therefore much richer concentrations of metals in sulfides . As example Sudbury averages overall about 1% Ni, McFaulds seems at this point to be much higher overall, perhaps double that , and not just NI but all the Metals contained. Below is a list/description of the known/documented and strikingly amazing similarities between McFaulds RING OF FIRE and Sudbury Impact edge/rim areas.

Same Size…The Subdury Impact Crater is approx 100 kms wide by 60 kms long. Mcfaulds according to the Geology and claims staked , is approx.100 kms wide and 70 kms  long.. Although as you can see on any <cFulds claims map, or Geology map, McFaulds is not a complete circle like Sudbury, it seems to be split open on the western side, where it appears intruded by a Gneiss Complex. Also note that the a Granite Greenstone complex , also seems to intrude/follows this 2/3 circle., and does not appear elsewhere in this area map. It has been described elsewhere as a late plutonic intrusion. Also natural Geological/Geophysical processes would have certainly taken it’s own toll on the McFaulds area, and therefore likely reshaped to an extent it’s original form.

In Order to properly understand the following sections, this link to the map of The Nickel Rim South mine in Sudbury must be downloaded, link below, courtesy of GSC. This deposit contained approx.15 Million tons of 1.6% Ni -3% Cu -3.5 gms of Pd+Pt.-0.7 gms Au…. Overall tons/grade for Sudbury is approx 1500 Million tons of ore average 1% Ni and include many tons of  0.25% NI and many tons of higher grades Ni…there are obviously  many deposits around that edge/rim, Nickel Rim is just one example…

http://johnduff13.myphotoalbum.com/view_photo.php?set_albumName=album01&id=Sudbury_Foorwall_vs_Contact_Deposits

Same Types of Deposits.  The Sudbury Complex contains a series of Ni Cu PGE’s deposits, including Footwall and Contact deposits of this kind., in addition Sudbury also contains Cu Zn Au AG +- PGEs…again both Footwall and Contact. At McFaulds of course, drilling has just begun, and has not been fully explored, however, we do have the NOT NI CU PGEs deposits type, and from the map of the Nickel Rim south, Sudbury,  It appears eerily similar in some ways to the NOT MMS discovery at McFaulds……A closer view of said Nickel Rim map, shows that the Footwall deposit on the lower part, appears eerily similar to NOT’s  “conduit” in shape and in size, although NOT has just begun drilling for more of these “conduits” EM anomalies show them extending for at least 2 kms…The Sudbury “conduits” appear to vary greatly in size from about 10 m to about 100m in width, and from about -100m  to about 250 m in length…Another extraordinary similarity is the fact that a few of those Sudbury “conduits’  on the left hand side occur totally within Granodiorite, sound amiliar? Exactly where NOT is today…take note that these are the thinnest of “conduits” in Sudbury, and they get far thicker as they are encountered deeper in “breccia” rocks…you will also note that even in this “breccia” zone, large pieces of the Granodiorite are still prominent in and all around said larger mineralized “conduits”. This may indicate that the “breccia” may have been formed in part by inclusions of the Granodiorite, since within the breccia are included large pieces of it, and seems to reinforce Dr. Naldrett’s theory of felsification as the source of entrapping the sulfides. Also notice, still in that mustard color Granodiorite, that just above the “conduits” of massive sulfides, there are areas of disseminated sulfides..

You will also recall that NOT’s Hole # 5 contained an incredibly rich section of  10 Ft of “breccia” ore, which would correlate with those thick “conduits” in Sudbury within their “breccia” zone. It may well be the case that this “breccia” zone at McFaulds is an offshoot and part of  much larger ,richer ,deeper and thicker “conduits” then Not has now been drilling. NOT has yet to drill much deeper than 1000 Ft. So chances of finding these richer conduits, are very good indeed. Some of these Sudbury “breccia” zones, start at about the 4000 Ft level, and are being mined as deep as 10,000 Ft, and continue further down to depth, so these Sudbury Large “conduits” are very deep indeed. Also notice the “conduits” are discontinuous and generally do not join each other/together.

It is also important to note that in the Nickel Rim mine map above noted, the entire Footwall deposit lies within a mineralized body extent of about 700m long by max 200 m wide, and you may recall that NOT’s EM anomaly extends South from it’s current drilling, by about 2kms,  making NOT’s mineralized body potentially, much larger.
The Contact Type deposit of this kind on the top of said map, has yet to be discovered at McFaulds., or may no longer exist as the result of weathering /erosion of said deposits over eons.

Another type of Deposits at Sudbury are the Hydrothermal  Zn Cu Au Ag deposits, these deposits are thought to have been formed by the Hydrothermal activity of salty water trickling down thru the still liquid/molten lavas, and then shooting back up hydrothermally as they are super heated, and leaching the metals on their way up. According to expert Geologists, the Sudbury Impact Melts took hundreds of thousands of years to cool into rock, plenty of time for these hydrothermal deposits to form.  Very similar deposits have already been discovered at McFaulds. SPQ has already discovered 10 such occurrences/deposits.  They have been classified as VMS, however, from some of the evidence of these deposits, they don’t appear to be pure VMS. That is, some only contain CU, some only contain Ni,, such as BMK has found, some contain CU and Zn au ag, such as SPQ and BMK have found on either end of the south and east rim/edge of McFaulds, and don’t seem to be the typical VMS, or “black smokers” deposits which form under sea, and generally occur in conjunction with “pillow” lavas, formed as the very hot lava/magma is almost instantly cooled by the cold ocean water as it is extruded onto the ocean floor.. So there exist many similarities between  VMS and hydrothermal deposits, since both are formed from trickling superheated water, (hydro) however VMS are formed on the ocean floor, and the Sudbury ones were formed  a result of the LARGE still very hot magma pools/lakes from the Impact. So I would say these types of deposits at McFaulds also have great similarities to the Sudbury hydrothermal deposits indeed.

Same Zones of Deposits   A glance of a map of Sudbury showing the locations of these types of deposits, leaves little doubt as to their zoning. The Ni Cu Pges deposits are most all concentrated along the southern edge/rim of the crater., in an east west direction. This is thought to have occurred from magma segregation/.fractional crystallization ,just as Oil and water can’t mix, certain components in magma Like the cumulate melts with the immiscible sulfides cannot mix with other parts of the magma, and therefore separate and gather along that southern rim/edge.. Similarly at McFaulds  NOT’s Ni Cu PGEs deposit is also found within the southern edge/rim of the circle, also known as THE RING OF RIRE, with likely similar deposits to be found around said edge/rim once drilling known EM anomalies, and other areas begins in earnest at McFaulds.

 The Hydrothermal types deposits Zn Cu Au ag +- PGEs are widely and randomly spread in and around all the edges/rims of the Sudbury crater. Similarly the so called VMS/hydrothermal deposits are located along the south edge/rim and found as well as the easterly edge/rim of McFaulds. so far. It appears that further drilling may/will outline more of these deposits around the entire edge/Rim known as THE RING OF RIRE at McFaulds.

Gold deposits at Sudbury occur on/around the Eastern edge/rim at Sudbury, many Gold showings at McFaulds by BMK’s Big Mac are also located in the East  side of the edge/rim. The recently staked claims by SPQ using “diagnos’ in that very same area, are said to be for Gold exploration.

Same Metals:   The metals content of McFaulds and Sudbury sulfides are almost identical, Ni Cu, Zn. Platinum, Palladium, Rhodium, Au, Ag , as above noted, thus far, higher amounts at McFaulds.
Same Primary Minerals:   Same primary minerals in both McFaulds and Sudbury.
Primary minerals pyrrhotite Fe1-xSx
                 pentlandite (Fe,Ni,Co)9S8
                 chalcopyrite CuFeS2

Same Location of Deposits   in both McFaulds and Sudbury the Claims/Deposits appear to most all be around the edge/rim of said Impact Circle at Sudbury, and THE RING OFFIRE.
Same Komatiite Flows  These types of “spinifex” textured flows occur in both Sudbury and McFaulds., and are thought to be associated with Dynamic magmas Plumes from the Mantle , so hot and fast ,that Komatiites flows as fast as water, instead of  very thick honey ,like viscous basalt lava does.

Same Diamonds    Diamonds  are present/occur on the outer ring of both McFaulds and Sudbury. SPQ have discovered a series if diamond pipes in/around the outer ring on McFaulds. The Geologists have named the Sudbury Diamonds, Impact Diamonds.

Same “Lowland ’ bounded by Faults.  The Impact Crater at Sudbury sits on low ground ,lower than the surrounding rocks. The McFaulds area also sits on a lowland described as an “Indentor” like structure, surrounded by Faults on either side.

Important questions still to be asked in this Theory of Meteor Impact at McFaulds

Where are the Crater walls?...Where are the Shatter Cones?...Where is the “shock quartz’?..

Most of these questions can be answered simply by the weathering/erosion processes. It is believed that Sudbury has eroded about 4 kms from it’s top/ original size….therefore very little of their crater walls are visible. McFaulds, being 850 Million years Older, is probably,  expected to have eroded even more. In addition, the area surrounding McFaulds wherein these above noted “signs” of Impact would/should be found are almost completely covered in waters/rivers/lakes, with next to no outcrops. Even the bog Areas of the Rim/Edge of Mcfaulds contain little to no outcrops, and therefore these hidden “secrets” of McFaulds thus will not easily reveal themselves. That is NOT the same as saying they do not exist. (Another speculative theory would be that the Meteorite actually may have Impacted unto a Sea, not land and thereby not leaving behind it any of tell tail signs like Sudbury.

Still the  very intriguing similarities remain, this almost precise correlation  of Size of Area,, Metals, Minerals, types of Deposits, and Zones may be the result of the almost exact direction, velocity and Impact  force that both meteorites traveled/hit, within the same general area of Canada, and although the Sudbury impact is thought to have only melted the underlying crust, for the leaching of  Metals concentrates, some evidence exists that the McFaulds  Meteorite may have in fact caused a partial melting  into the Mantle itself, since peridotites are mantle rocks, and therefore forced their way upwards thru the crust leaching more metals, flowing thru existing lava tubes or “conduits” thereby depositing very rich  Metals concentrations , of Ni Cu Zn PGEs Au Ag  by Dynamic “Plumes” violently forced UP , and  then separate/accumulate and settle to form deposits, in what we call today the Rim/Edge of McFaulds , or” Ring Of Fire ”

In conclusion, I have believed for some time that the Potential for Large and rich deposits of Ni Cu PGEs at McFaulds is/have been Great!. This Meteor Impact theory with it’ compelling similarities to The Sudbury Impact, has made me extremely bullish of McFaulds if only because of the real potential that in fact McFaulds RING OF FIRE  resulted from an Impact Meteor.. Of course .more geological data , explorations and especially deep drilling  will have to be done, in order to confirm extensions of the known ore bodies, and confirm the Impact Theory.
 
Suffice to say that ,in my opinion, for reasons above noted, whether THE RING OF FIRE at McFaulds is in fact a result of an Impact Crater, which I prefer/suspect, or perhaps formed by Natural Geologic Processes, it certainly has/shows extraordinary similarities to Sudbury Impact, and thus the potential/probability of being the LARGEST Canadian Metals Discovery since Voisey’s Bay. .

ALL of the above as usual ….In My Considered Opinion…pls do your won D.D….

JD"

Credits:
1.  Mineral Deposits of Canada Regional Metallogeny
     Ni-Cu-PGE: Metallogeny of the Sudbury Mining Camp, Ontario by Doreen E. Ames
2. Meteorite Craters by: Charles O'Dale
3. Genesis of Ni Cu PGEs  deposits:  Prof. T Nadrett
4. J.E. Mungall and J.J. Hanley Dept. Geology, U of T.
5. Frank Brunton- the Facts Geology and Mining Significance of Sudbury
6. OFR 6192 Scott, Rainsford…2006