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Midway Gold Corp V.MDW



TSXV:MDW - Post by User

Comment by realitycheck111on Jul 28, 2015 1:51pm
442 Views
Post# 23968099

RE:RE:RE:Pure Garbage...

RE:RE:RE:Pure Garbage...Not sure what the answer is, not my area of expertise. Prefer the term reserve/resource rather than measured/indicated, as reserve may need to meet a a stricter definition.  Until a preliminary feasibility study, or better yet, a bankable study (+/- 10% accuracy is completed) what does it all really mean.  However, these juniors need money early in the game by offering stock.  Maybe a new more rigid categorization of mining/economic terms needs to be developed.  NI's do not account for many other costs and potential time delays which add to the overall all in per ounce cost.
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