OTCQX:MRVFF - Post by User
Comment by
elduckyon Apr 03, 2003 3:20pm
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Post# 5995582
RE: Would like to buy some but so volitile....
RE: Would like to buy some but so volitile....as I said before, the new update will be done with more conservative SEC methods of estimating but if you wait till then you may have to pay a little or a lot more. Canadian mining companies use methods of estimation that are usually quite accurate, but are higher than SEC rules allow for American miners. The SEC method basically is ment to underestimate the true reults so that there is very little chance of inferring more ounces than are actually there. PDG uses the SEC rules of estimating.