OTCQX:BGMZF - Post by User
Post by
GoldExecuteon Apr 01, 2015 11:26am
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Post# 23586762
Current Resource and models
Current Resource and modelsAs the new management (and even past management) have stated, they need to complete a geologic model for an accurate resource to be made. This geologic model would create wire frames of the veins that would then be used to more accurately calculate a more close to reality resource. This geologic model is absolutely nessecary if they truely want to take this project to production. The current MIK model smears grade and what is waste. Using a geologic model in conjunction with implementing all the historical workings will provide a much more robust estimate as to what is mineable and how you go about mining. IMHO, if they proceed with only tghe MIK into PEA, a major or other interested party will never take this thing serious. Garbage in Garbage out.... and no one will get the investors the bang for the buck they are looking for.