GREY:TWNNF - Post by User
Post by
offshoreskeison Mar 07, 2011 11:05am
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Post# 18244086
TRR Way Overvalued !!
TRR Way Overvalued !!Most Canadian mining companies further state the following cautionary note to U.S. Investors concerning estimates of Inferred Resources:
We advise U.S. investors that while the term "Inferred Mineral Resource" is recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize it. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility or other economic study. U.S. investors are cautioned not to assume that any part or all of an inferred mineral resource exists or is economically or legally mineable.