TSX:SGR.UN - Post by User
Post by
hydra100on Dec 13, 2010 9:58am
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Post# 17837482
SGR RESERVES
SGR RESERVES
PLENTLY OF INFERRED OUNCES BUT NOT MUCH ELSE.
HOW MUCH ARE INFERRED WORTH?
TAKEN FROM ANGLO AMERICAN WEBSITE
"An 'Inferred Mineral Resource' is that part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability"
DRILL BABY DRILL BUT HOW MUCH VALUE CAN BE ADDED BY INFERRED OUNCES?