Post by
2021Gamble on Jun 09, 2021 6:59pm
So, just how big is the stockpile??
Ok, so this is a legitimate question for discussion - not an attempt to pump or promote...
In February, the company press release said >25000 cubic feet , while also saying "conservative" estimate for the size of the first stockpile ... we've discussed that at some length already
The most recent MD&A from Sedar (May 26, 2021) - page 4 says 8200 sq m with a depth of 15-25 m (=123000-205000) - based on on the upper and lower limits (ie. 8200 x 15 - 8200 x 25)
To delineate the area covered by the stockpiles, the Company commissioned and completed an airborne lidar survey along with a high-resolution (0.5metre) surface image. The previously calculated area of the stockpile was 2,683 square metres .As a result of the newly conducted work, the area is now measured to be 8,200 square metres with a depth on the south east side of approximately 15metres and an approximate depth of 25m on the southwest side. To accurately project the volume of the stockpile material, ground-penetrating radar is being planned
so...my question is....the MD&A is more recent, so it would "seem logical" to conclude that it would be the most accurate reference. What are the chances the press release was suppose to read 125,000 and it was a typo? and never caught, or never corrected?
So the MD&A is "official" right? If it says 8200 sq. m, that is "truth" isn't it? regardless of a previous press release with a lower number?
so really...Q....the MD&A can be trusted can't it?