After hours thoughts...
posted on
Dec 03, 2008 12:53PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
This is quite a news release and when I first read it I kept looking at the grades and depths and knew right away that those that know nothing will be gone when they read the NR..
But we are dealing with a vein system,according to our experts and vein systems are just that ..veins of gold bearing rock that were formed when the gold in a fluid state followed the cracks in the rock and formed into those little,sometimes big yellow chunks we so richly deserve to have..
These veins are very rich,but narrow..so to make mining them worth while we have to have a whack of them..that is what we have..
Now the best way I can describe to y'all you must be able to use your imagination...
Let us all close our eyes and imagine a spider web...
The target where all the gold is thick and beautiful is the center of the web....
If you were to lay the web on the floor and were blind folded and asked to drop a pencil on the web and hit a vein..you would have to be pretty lucky to hit one..and it would take many drops to hit a bunch of them..
And to hit the center would be BS luck...
Now think of those pencil drops as drilling cores..some hit ..some miss..
Now if you ever watched a spider build a web,he /she starts from a center point and puts out stringers..always coming back to the center of the web..
Once he he/she gets enough stringers out he/she goes back to the center and starts connecting the stringers in a circular pattern,close in and tight circles at the center and farther apart as he/she gets out to the edge of the web...
OK..Now we have found the golden spider web..
But now instead of laying flat,our golden web is standing on Edge!!!
That is the golden mile..hugh..the edge of the web..standing on the surface of the golden mile...And as we drill down we are looking for the center of that golden web..The veins are like the circular patterns the spider wove as he got farther from the center..we are hitting those veins and are looking for the stringers that lead from the edge to the heart of the web..those stringers are rich and are continuous and extremely rich and deep and that is where we are going..
So we are drilling from the edge of the web...narrow so we can tell by the drill results where and what angle to drill the next hole to get close to the center..takes lots of drilling but with the computer models they are showing in the colour coded maps ,it makes me pee a little drop with excitement..
Board members..this is what I have been waiting for for a long time..It may and won't be tomorrow,but I am betting my last nickle that this is as big or bigger than any gold strike in Canada..present or past..and we are all in on the bottom..
The way I see it,anyway..
We'll be in Vegas by Christmas..next year..
Congrats to all longs on your foresight and patience..
PORTEE