Hi Prospector Al,
HOT ROCKS - COLD ROCKS was really a reference to the fact that I had heated a rock in an oven, and cooled it in a freezer, rather than as the normal detecting terminology. In the field of course, a rock that has a raised temperature, could well give a signal on an otherwise ground balanced detector, because of the shift in decay time constant, relative to its surroundings. As you say, this would affect PI and VLF detectors differently, although it is primarily the magnetic permiability that the VLF type responds to.
Interestingly, the rock I used, also has a high level of remanent magnetism. It has NS poles, and will deflect a pocket compass from 3in. This may well also affect its decay time, relative to an unmagnetised rock.
I tried the ferrite magnet test, mounting the magnet in a fixed position under the coil, and then waving the rock over it. The magnetic field causes the tone to shift low, indicating the the decay time has lengthened. This too, makes sense, in that the magnet's field has already aligned most of the fast switching domains in the rock, leaving the ones that take a longer time.
Eric.