RE:RE:RE:RE:RE:RE:how we openHey...Im an active participant in this discussion yet only you get all the STARS...whats the deal with that...haha?
I will not be at the AGM, but by all means if you will be then ask away....[or anyone else out there listening....]...
So for reserves:
Generally the conversion of resources into reserves requires the application of various modifying factors, including:
- mining and geological factors, such as knowledge of the geology of the deposit sufficient that it is predictable and verifiable; extraction and mine plans based on ore models; quantification of geotechnical risk—basically, managing the geological faults, joints, and ground fractures so the mine does not collapse; and consideration of technical risk—essentially, statistical and variography to ensure the ore is sampled properly:
Shouldnt be a problem for BGM
- metallurgical factors, including scrutiny of assay data to ensure accuracy of the information supplied by the laboratory—required because ore reserves are bankable. Essentially, once a deposit is elevated to reserve status, it is an economic entity and an asset upon which loans and equity can be drawn—generally to pay for its extraction at (hopefully) a profit;
Shouldnt be a problem for BGM
Know your costs, know your tonnage, know your grade, determine POG for profit...
As you mentioned, underway...
Not sure what these might be
Keep the lawyers employed...dot the I's and cross the T's...
Do the Governments want this to happen...for whatever reason....
Your concern over first nations....