SmartCentres Real Estate Investment Trust T.SRU.UN

Resource Estimates - THE REAL DEAL!

[scanido]

Just to reiterate on some of the longs that have stated earlier, financial institutions, analyst and especially potential takeover giants are NOT interested in Inferred estimates, but in Indicated and Measured figures. The inferred tonnage has gone down, but more importantly the indicated has almost DOUBLED, 76% increase! Looking back at the report in more detail, has anyone noticed how VERY CONSERVATIVE and PRECISE they were in estimating the figures? This is what i noticed in the 43-101 Report: - Only samples containing 50% or more sulphides used, normally companies use only 20-30% samples. - Conservative Cu+Ni cutoff grade of 1.0% - Based on US$7/lb Ni - current prices of Ni are at US$25/lb! - Indicated Resources are Only from Main West Zone, what about West Zone extension, and East Zone! Well, overall the report looks very good and I will be buying much more shares on Monday. Peace, Steve