RE: "IS EMPIRE THE MT EVEREST OF TITANIUM."-EEE tweet/interview, 13.7.2314 Jul 2023 01:56
Manlord:
Thank you. You should see my text books - there are all sorts of colour pens used.
I cant give them away after I have finished with them.
The words on CAPS are to reference those fantastic statements.
Please go to the other EEE forum to cross check because P I Z H E M S K O Y E , which is the largest undeveloped titanium deposit represents 80% odd of Russia's reserves of titanium.
What has Pizhemskoye to do with Pitfield? Since Mr Bunn, the CEO of EEE stated "Is Empire the Mt Everest of Titanium", can it take its crown from Pizhemskoye? Russian deposits are hard to research because the co's are not like UK or Aussie co's wherein one can see the details on their website. From Research Gate, I recall Pizhemskoye has a STRIKE of 11km, intersections 20-40km , 2 sections of the deposit , one with 10% Ti20 and the other 4-5% Ti20 but how deep it goes to , I am not sure but that has to be checked. However, mining is usually open pit initially.
At EEE, the strike is 40km x 8km x 6km deep, now 10km deep and no bottom. Historical records show 100km with titanium per CEO 's interview as above. Soft sedimentary rock has hematite and magnetite gone so easier , clean ore and cheaper.
So, it is now how to extract value and to those of us here vs the other side, the burning question what will eventuate when the "quantative" is revealed next ie "Is Empire the Mt Everest of Titanium". However, if one reads the
title put out by EEE themselves today on Twitter and typed out by them, then it would appear on face value, it is or it isnt.
Answers on a postcard folks and we will collect the cards and wait for the results when next news drops.
Copper assays next and Julimar [South of Pitfield] has copper at around 0.06%. BHP, South of Julimar is mining at Boddingtons and their copper is 0.1%.
As for value: I think that it means that folks in Australia need to know about this Pitfield on their land ie Western Australia. Just imagine it is NOT in Russia, Komi [Pizhemskoye] but given it is in W.Australia, it is mining territory.
I am quite sure the Chinese are interested. As I posted two investment groups are in @EEE which is Lord Robert Hanson and Lord Hambro. Lord Hambro hails from that mining side. Most interesting is John Meyer who said on Vox Mkts at the 2nd last interview: Good Management: Sooner or later, they will HIT THE BIG ONE [para phrased]. Wowza. Then , Meyer said look at Solgold, a nuthin co and then to £400m. History now, isnt it given today's critical RNS from EEE because if the petrochem tests did not come out better than expected and "exciting" per the interview today, then cant say hit the big one.? Folks will remember what they said about the Cascabel ore tests - the off-takers like cleaner ore so that it does not need so much of refactory and refining which throws up a lot of dust etc. So, it is something to note.
EEE WALTON
Mr Bunn today told TMSearch that Walton, ....etc FARM-out. So, if o