Post by
jerrythejuicer on Nov 03, 2011 12:07am
all that drillin fer only a quarter millon-(oz)
down she goes tomorrow where she stops nobody nose- lotta money spent to add only a quarter million ozeez- wanna see the previous figs- The resource estimate, completed by Snowden, contained Indicated gold resources of 1,924,200 ounces grading 1.16 gpt gold (51.6 million tonnes) and 587,100 ounces of Inferred gold resources grading 1.04 gpt gold (17.5 million tonnes) using a 0.35 gpt cut off grade. ant heres the latest- Prodigy Expands Magino Indicated Gold Resource to 2,176,000 Ounces and Inferred Gold Resource to 1,721,000 Ounces-this companys got a long way to go to earn its 65 cents sp
Comment by
jerrythejuicer on Nov 03, 2011 12:59am
they been tryin ta compare pdg to trr fer the last 6 months an if they were so comparable then that woulda had pdg at well over $2.50 as they had well over half the resources as trr already -but no go- inferred is a fools game of worthless unproven resource- big money is keeping far away from volatile trr house of cards these days
Comment by
jerrythejuicer on Nov 03, 2011 9:10am
inferred ounces taint economical ounces- have to be proven by extensive additional drillin- all that drillin an only a quarter million ozeez to show for it taint a lot- markets been lookin fer a major inferred to indicated wit all that drillin and money just spent not a ton more unproven inferred an little new indicated as we see now-oh well......down she goes
Comment by
jerrythejuicer on Nov 03, 2011 9:28am
only idiots compare pdg to trr- the sp hasnt compared in the last 6 months even with the old inferred resorce numbers- a mountain of paper at .65 cents wall see this sell off and back down all over again