RE:RE:How do you price an explorer
Thanks for the welcome! Im more of a lurker than a poster, but I do have a question on seismic surveys in general. Can a company actually generate inferred resources from geophysics, in the absence of drilling? I would think that for narrow vein hosted deposits the seismic might tell them the system is down there, or maybe even more generally :"the signature of our mineralized area continues to depth" and even "hey this new spot we havent drilled looks seismically exactly like that drilled gold deposit over there and zomg, look at the confluence of these structures, drool drool", but they would still need drilling to put the resources on the books