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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Bullboard Posts
Comment by ovison Nov 06, 2012 6:39pm
149 Views
Post# 20569877

RE: BCSC

RE: BCSC

>>>The -1s are merely a statistician's way of giving that 'block' a zero weighting for the purpose of the overall resources while incorporating the block for the purposes of the pit design.  I do not think Robert Holland quite understands this, but other geologists will.  Anyway that is my opinion.<<<

 

Given that the report did NOT define a meaning for the -1 values, it would be folly to make any assumptions, unless of course there is a CIM standard related to -1 values :), and of course there isn't.  Since there were 2600 pages of rows with a -1 grade, I'd say that is a pretty big gap and in itself was more than enough to bounce the technical report. From a data engineering point of view, using a special value as a flag is extremely sloppy and not something I expect to see a professional use. JMHO.

Bullboard Posts