RE:RE:RE:No “Ore Reserve” Classification?It's not difficult, no permit, therefore no mine, therefore no ore reserves. "Companies do it all the time" no they don't. Any company listed on a Canadian stock exchange is not allowed to use the term "ore reserve". The highest category they can list is: "Proven Mineral Reserve, the economically mineable part of a Measured Mineral Resource. A Proven Mineral Reserve implies a high degree of confidence in the Modifying Factors."
Here they have uncertainty/no clairity on some modifying factors. What they can do is what they have done. In some of the early NI reports, they do refer to the Rio Tinto cost and profit estimates. I have not found the report that originally gave them yet. The costs I adjusted to were higher than the Rio Tinto costs.
There was a major who entered a recent agreement, First Quantum, however, their shareholders complained about the environmental and the baggage associated with the situation still being disputed so they dropped it. You opened your stockhouse account three days ago, makes sense as you are not understanding this very well, as yet, far from understanding actually.