GREY:MPRXF - Post by User
Post by
hrattleon Feb 23, 2012 8:32am
201 Views
Post# 19571812
NR analysis
NR analysis Two issues I have with this MB news.
1. I don't see how they get 0.4g/t for the cut off using a $1271/oz POG. Numbers don't seem to add up. Ignoring recoveries, the best I can get is 0.525 g/t (but it doesn't make much difference to the open pit resource).
2. MB previously had 592,027 ozs M&I and 1,186,740 ozs Inf. (from the actual 43-101 not corp. presentations) - the new resource estimate is 402,839 ozs M&I and 1,033,034 ozs Inf. - BOTH TAKEN AT 3.0 g/t cut-off. How can this have gone down???