GREY:OLEPF - Post by User
Post by
tony1969on Jan 31, 2013 10:41am
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Post# 20917170
RESERVES!!!!!
RESERVES!!!!! Up 64% to 2.33 million ounces at a grade of 2.59 grams per ton. THAT IS A HUGE INCREASE IN RESERVES and the grade was great too. More than I expected. They were able to move much more than I expected to that category. Remember reserves are the highest possible classification and are what miners pay the most for. To me, from the little I have read this is the highlight of the report. I think they can get $150 per ounce for those RESERVE ounces alone. Good stuff.