******PLEASE KEEP THIS EMAIL TO UNDERSTAND WHAT THE 43-101 MEANS*********************************
Classification of Ore Deposits
1) INFERRED: Evidence suggests that there are minerals worth investigating; sometimes describe as "potential"
2) RESOURCE:
A- Indicated: Initial drilling had identified that there is mineralization but the configuration is uncertain
B- Measured: Tonnage has been calculated but drilling not sufficient to be sure of the ore body's continuity
3) RESERVE:
A- Probable: Further testing has raised the level of confidence such that initial funding can usually commerce
B- Proved: Ore body is well understood, and the tonnages and grades established beyond reasonable doubt.
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When the 43-101 comes out, so long as we are over the 1 million plus and we move up from inferred to indicated or measured, we will see some action. There is more demand and less companies on the ventures, even more companies with a 43-101.
Buy, buy and buy some more till it hurts.........................you will be glad!