OTCQX:BGMZF - Post by User
Comment by
hammer161on Jan 09, 2013 1:29pm
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Post# 20815906
RE: RE: RE: Estimate based on giroux
RE: RE: RE: Estimate based on giroux Watchmeplz - everyone on this board has there opinions on how much gold there is at Cow Mountian and we are each entitled to our opinions. I base mine on moving forward from what was the last accepted resource estimate - Giroux 2006. I do not beleive that there has been a 2000% increase to 10Moz as some still cling to. It is rare for progressive estimates to be more than 100% or 200% more than the previous ones - hence my 1Moz to 2Moz target range.
I will reply to a couple of your comments. What has come out of the creeks or previous mining has no bearing on what may or may not be left in the ground. What is left in the ground will have to be based on fact - NI43-101 compliant data, not speculation. Secondly the historic resouce you quote is just that - historic - Giroux's 2006 resource is the relevant one and will be added to in the Snoweden report.