OTCQX:BGMZF - Post by User
Comment by
RedHorizonon Dec 23, 2012 8:46pm
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Post# 20768049
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Th
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Th GoldExecute:
You have made good points. It is my understanding that Snowden isn't simply doing an audit. They are performing their own independent analysis. I think we can all be sure that they are carefully reviewing every point raised by the BCSC. PG's reputation is already damaged. I am sure that Snowden doesn't want the same to happen to themselves. They are not going to just back up PG without being able to jusify their methodology. In fact I have not been told that they intend to back up PG at all. Afaik they might choose significantly different assumptions, or not. Only that using whatever methodology they use, we will get a chart showing various resource levels for different assumptions. And also that Snowden intends to make it as defensible as possible. That may result in a lower number of ounces, as Christopher Skidmore suggested, but which are accepted by the BCSC and other critics.
Cheers