RE:Technical Reports - Confirms What We Know Yes generally it does confirm, but still some of the same questions. It would improve confidence among analysts, and maybe the market somewhat, if they would show the scatter of data points, about the chosen curves such as in table 14-4. That way people could see for themselves that the parameters selected were reasonably correct. Many company reports do show that. They must consider it to be proprietary, or else with the controversies that have occurred, they do not want to give information that lawyers could someday try to use against them. One cannot blame them for being careful, as the controversy was overdone to an extent that was uncalled for.
If I find time I would like to use the info in the tables to plot the curves, so at least variogram curves are posted. Also it would be interesting to compare across the three reports and summarize the changes.
I thought the changes as shown in table 14-17 would be greater, considering that so much mining has come in below the projections, even after adjusting for dilution. Therefore, it's about the same where the market is discounting the numbers as shown in the technical report, as perhaps being somewhat above what will occur. The guidance from the company should be closer, however, likely set with a conservative margin, so the guidance given could be a lower bound for estimates going forward.