TSX:SGR.UN - Post by User
Comment by
Gaberlunzieon Mar 28, 2015 10:35pm
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Post# 23573708
RE:RE:RE:RE:RE:RE:RE:RE:RE:So what now?
RE:RE:RE:RE:RE:RE:RE:RE:RE:So what now?Thanks for the clarification about Amine. I have not encountered this one. It would have helped if the report gave more details. Thanks too for the info on BGM. I don't believe the estimates havw been distorted as much at SGM but suspect something to be wrong. The SGM report by Ginn and Michaud indicates that they had help from the mine staff. What is needed is an arm's length study by an independent group.
When you read many 43-101 reports you will find of many of the authors, sometimes as many as eight, only one actually visited the property and then only for a day or so. Few if any have any mine experience. This lack of hands on back ground shows in the product. The SGM case is different in that it was generated internally. Big companies such as Agnico produce their own repots but the quality is better than anything you can get for hire.
All we can do is sit back and wait for developments.Mining precious metals from deposits containing coarse components of valuable material is always a tough proposition.