hammer161’s details
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Cabsav, 2guys is correct - a new report is what is needed and wanted. There is no way to substantiate the August 10.6Moz figure - the entire methodology was flawed and ended up giving, in my opinion and the opinions of many others, inflated numbe... |
5/13/2013 10:50:42 AM |
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Although allowed, in my experience most companies or resource consultants do not include estimates of geological potential in their 43-101 reports, prefering instead to state whether or not a minerlaized zone is open in certain directions. This a... |
5/1/2013 1:59:37 PM |
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If any of us knew the answer we would not be posting here like we are. I do however find it odd that a report authored by a reputable firm Snowden (with input from others) would not be compliant. My guess - and it is a guess like anyone else here... |
5/1/2013 11:40:15 AM |
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Cognition - a couple of comments on your facts.... Frank did have "material information" in his hands in late June 2012 - even if his board and legal team advised to issue it, does it not also make sense to have his internal QP and ge... |
5/1/2013 11:22:06 AM |
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The $1200 number used is a gold price per ounce, not a per ounce production cost. And it is analysts that use this gold price in their models to see how it affects the bottom line of some of the worlds large miners , should the price drop that low. |
4/27/2013 8:39:47 AM |
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Cwells - go ahead and split hairs - the main point i ws trying to make was about your ridiculous assumption that the report writer would purposefully produce "an inferior number". Why would anyone QP in their right mind destroy their ... |
4/26/2013 9:17:37 AM |
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Bullied into an inferior number???? Are you implying that a respected industry consultant like Snowden is going to purposefully underestimate the resource producing "an inferior number"? NI43-101 is there to ensure that inappropriate o... |
4/25/2013 3:02:16 PM |
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"BGM is a low cost producer with a massive reserve on a largely unexplore claim." No, no and no. BGM is not yet what would be called a producer let alone a low cost one as this has not been determined , the size of the resource has no... |
4/17/2013 1:00:54 PM |
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"2-3 grams should hold up" - interesting seeing as though the August report touted around 5 grams - cuts contained ounces roughly in half to start not considering volume. 2-3 grams is much more in line with the earlier estimates for thi... |
4/17/2013 9:52:01 AM |
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BGM picked a poor time to start up a mill (in winter), while feeding the mill scraps left over from previous operations - i don't think the previous operators would have left good ore just sitting there. On top of that the mill had been idle ... |
4/16/2013 10:50:41 AM |
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