OTCPK:WSRLF - Post by User
Comment by
Baxter4on Jan 18, 2011 12:43pm
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Post# 17990238
RE: RE: Resource Estimate
RE: RE: Resource EstimateA few corrections
Prospective Resource is a volumetric analysis of potential OOIP/Reserves... undiscovered.
Contingent Resource is discovered but not commercial or produceable at this time due to lack of infrastructure.
Reserves are discovered and worth something, anything less than reserves has no value at this time but may in the future.