You clearly have no idea about inferred, indicated and measured.
You are way out of your depth judging by this response, your second sentence makes no sense at all, and nothing more can be said on the matter.
"Show me a case where drilling didn't expand the resource". i'm not sure if you are aware, but, the ASX is littered with micro cap stocks that have promised the earth with inferred jorcs, and not delivered.
Am i saying this will happen here? No,. However, an inferred resource is as stated, "insufficient information to declare tonnages, and grades with confidence,".
drifta
NVA Chart, page-625
-
- There are more pages in this discussion • 1,435 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $40.76K | 260.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50778 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 20036 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |