OTCQX:BGMZF - Post by User
Comment by
GoldExecuteon Jun 23, 2013 1:06am
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Post# 21565630
RE: RE: RE: How rare is a 5M ounce deposit?
RE: RE: RE: How rare is a 5M ounce deposit? Bigbab, it is incredibly important that you provide a fair comparison so that people understand what you are saying here. Is Blackwater, Prosperity, and Rainey River all inferred or indicated. Are the numbers based on a 43-101? Are they based on a PEA or a FA?
If you want to talk about comparison, you need to compare apples to Apples. A major diff if the oz's are in the inferred col. VS the indicated. Also what is the basis for the numbers?
You CAN NOT compare 5M ozs against a company that may have that many Indicated... Keep in mind, only 1M is "real" at this point. YES, I know and I believe that many oz's will change the col., but... But... make sure you compare an equal oz. If you want to really look, break out ind. / inf. / grade/ and at what POG.