RE:RE:RE:RE:RE:News And Zero Volume . Guess The Market Speaks An estimate yes. But that is not bankable, It would not stand to declare a reserve. I preffer they report what they know rather than what they think or hope. Offers a bit more comfort.
If all the "Estimates" put out by junior explorers over the years were believable and accurate. The market would be deluged with more mineral supply than could ever be used hundred years, you know that. Many steadily flog hypothasized info. Others outright lie. Remember Bre-X.
There is a list as long as ones arm. So far here it is results as they come in.
I accept losses from time to time as we all have them if playing the market long. But I perffer they were not a result of someone reporting their assumptions, not being declared as such.
Cheers