OTCQX:BGMZF - Post by User
Post by
hammer161on Mar 31, 2015 10:41am
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Post# 23581212
New resource only gives a some conversion.....
New resource only gives a some conversion.....Effectively the same ounces in same number of tonnes but converted 1.8 Moz from inferred to indicated. Still only 58% indicated. The predicted 20% increase in grade due to metallics assays obviously did not materialize - in fact they raised the cutoff and the global grade decreased from 2.54 g/t to 2.39 g/t. Definately not the huge increases many here were predicting but the new numbers do gain some credibility due to better data.