OTCQX:BGMZF - Post by User
Comment by
semismart1on Jul 05, 2012 11:51am
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Post# 20084652
RE: RE: RE: RE: RE: RE: RE: 23.5M shares in 3 days
RE: RE: RE: RE: RE: RE: RE: 23.5M shares in 3 days Your point 2.)
2. A count of 1 used to select Indicated in the BGM model while a more typical might show 8 for Measured, 3 for Indicated and 1 for Inferred. If you set Indicated at a count of 1 then how do you ever get Inferred. So there will be scope for questions.
Even if we moved the resource estimate from indicated to inferred based upon your point two - this stock should be at $3.00 right now, and a major will by highly, highly interested in this deposit.