GREY:TWNNF - Post by User
Post by
offshoreskeison Mar 09, 2011 5:29pm
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Post# 18261532
Slow learner's around here.
Slow learner's around here.
Can't teach them a thing.
There are 5 categories of resources to reserves each supporting their own measure of economic significance.
Proven reserves
Probable reserves
Measured resources
Indicated resources
Inferred resources
The inferred resource category to which Trelawney has shown and is of the least of these categories , can in no way or is ever meant to demonstrate a single ounce of economically mineable gold.
One less than great assay release from here and gaps will be filled. Big gaps and down she goes. Without news TRR will continue to drift lower from these hyped price levels where expectations of numbers in a higher category didn't materialize.
I should mention too that all that was heard from a few of the monkey's here who incessantly touted the great resource numbers to be released, in how they band aided over the lack of M&I numbers with their about face lies that the inferred numbers instead were everything they expected as if desperate to spare the much over-hyped overvalued share price in their moment of deceit and worry to justify the sp by lying and saying all the resource expectations were met in the release. But they were not , not by a country mile. A pure sham and pure lies that the sheeple here have largely fallen for.
There is years of work to do and hundreds of millions to be raised before an economically viable open pit mine could even possibly be brought about.
The big share price gap filling drops are still to come.