PRX 0.00% 0.3¢ prodigy gold nl

"The Month" is upon us..., page-60

  1. 8,251 Posts.
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    I would disagree - it doesn't add up. We are talking about the modifying factors here not the geostatistics. If the nugget effect was causing a confidence issue, then the entire resource would be classified inferred/unclassified.

    The previous trial mining-mapping-sampling-reconciliation would have provided ample data to support the resource classification - this was an objective of the trial mining.

    If there is enough confidence to generate an Indicated resource, then a probably mining reserve can also be supported. ABM have in fact generated a reserve without actually announcing one.

    Just IMO a red flag - it's material to me. Will keep watching (grade is king )
 
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