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Fabled Silver Gold Corp V.FCO


Primary Symbol: V.FCO.H Alternate Symbol(s):  FBSGF

Fabled Silver Gold Corp. is a Canada-based company. The Company is focused on identifying new opportunities.


TSXV:FCO.H - Post by User

Post by BearBull007on May 26, 2021 4:57pm
126 Views
Post# 33272427

Copper not yet factored into the share price

Copper not yet factored into the share priceHad some technical difficulties posting so I’m reposting this.

The copper which Peter speaks about in his videos are historical estimates which have not been verified as a current mineral resources or reserves under NI 43-101. They should factor into the share price once drilling starts and the estimates can be verified as current………..although I should add that there are stocks whose share price has increased significantly based on historical estimates alone.

https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00036883&issuerType=03&projectNo=02820733&docId=4385836
PG.55:
The  reserve  estimates  prepared  for  the  Eagle  and Magnum  Vein deposits  are considered  relevant,  but they  are historical,  do  not  meet  NI  43-101  standards,  and  therefore  should  not  be  relied  upon.    The  writer  has  not  verified  the  reserve  calculations  or  the  assay  results  supporting  them,  and  is  not  treating  the  historical  estimates as current mineral resources or mineral reserves.

While   mineralization   found   in   the   Eagle   and   Magnum   Vein deposits   is   not necessarily   indicative   of   mineralization   on   either   the   Neil   or   Toro   Properties, similarities  in  lithological  type,  age,  formation,  grade, and  structure  demonstrate exploration potential on the Muskwa Project.


https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00036883&issuerType=03&projectNo=02952926&docId=4575605
PG.vii:
While  the  estimates  presented  for  the  Davis-Keays  (MacDonald  1970)  and  Churchill  (Carr  1972)  deposits   are  considered  relevant,  they  are historical,  do  not meet NI 43-101 standards or use current CIM terminology,  and therefore are not reliable and should not be relied upon. 

The writer has not done sufficient work  to  classify  the  historical  estimates  as  current  mineral  resources  or  mineral  reserves,  nor is  Fabled  treating  the  historical  estimates  as  current  mineral resources or mineral reserves.


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