DEG de grey mining limited

Thunder54, page-2

  1. 661 Posts.
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    It never ceases to amaze me how easily most people lose perspective. Even Thunder, a Five Thousand plus poster and supposedly shrewd investor. I do miss his posting.

    With whatever new knowledge comes to light. One must never deny, forget, that which is already proven. NOVO are merely reporting sample results as they come to hand. And quite responsibly and candidly at that IMO.

    So, what is proven?

    I wasn't present on the Open day at Purdy's. However I understand all who were present observed the presence of nuggets all down the footwall of the dig and across the base. And received no end of theories of how the landed there. I, like most here have viewed the earlier and later videos showing similar distribution. Two different trenches.

    The above aside, I have personally observed Three separate Strip mining operations across the Western rim of the Pilbara Within the Purdy's to Lowden's path. I'm assured there's several others. If you spend some time on Google Earth Pro, you'll find evidence of them scattered all over the place. All working a similar pattern. Strip 300mm off., Detect., Strip a further 300mm off., Detect., repeat., repeat. I've watched this from surface to a depth of 2.5m or so. I have been reliably informed of One operation continuing to a depth of 6m. These are Two to Three man shows with the most basic of extraction methodology and equipment, taking Millions of Dollars yearly. IMO they are working rich troughs of Conglomerate sitting at surface and continuing at depth.

    So yes, there will be no end of variance in assays forthcoming from all the players in this game, and no end of theories. I believe the 67gpt at Purdy's will pale into insignificance compared to some in the imminent future. Also there will be many that will show near nought. The bigger the sample, will eliveate much of the variance and instill more confidence. That's a given.

    But most importantly., Don't forget what is already there!
 
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