RE:RE:"Jewelry Boxes Defined"Love this you guys and especially Snidely for sharing his calculation paper and Megacopper
for sharing his calculations with the Rock Dr.
I especially love that we cannot include anything below 200m and where the real juice may
lie. This kind of things drives the beancounters crazy or at least roll their eyeballs out of their
heads.
The Fosterville mine just keeps coughing up more and we are so much more.
My best mine that I can think like this is Segovia owned by GCM. It has been mined since
the conquestidors and typical of Columbia long rich narrow vein systems. Presently mining
at 300 to 400,000 oz/ year they just keep finding more and do not think it has ever had more
than 2 mill proved up.
Here lies the quandary....everyone says do not prove up a resource so we can just get
mining but how can you put a 43-101 on something that will not let you do so in its entirety?
Stop trying to normalize something that is not normal....we are clearly outside the norms.
I wish I knew how we will view things in one year but I do think it will be radically
different then it is right now. Management will be tested outside any box they be
comfortable with. IKE