CLA 9.09% 1.2¢ celsius resources limited.

Ann: MCB Copper-Gold Project Maiden JORC Mineral Resource, page-144

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  1. 1,002 Posts.
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    I respect everyone's investment decisions. People want to leave, want to buy, who am I to tell them which way is better than the other? I don't have a crystal ball. Happy to see you've made a profit here, HK.
    On a side note, I know the numbers in the JORC seem to be middling but (of course there's a but!), what do you make of the exceedingly low inferred tonnage? I mean, look at the estimates across all the grades. Even at 0.5%, the inferred value is less than 20% of the indicated. Don't even bother with the lower grades, the inferred values are even less.
    Did they do that because they are an "extremely cautious geos", or simply to leave some room for "expansion"? I've seen JORCs where the inferred value was almost equal to the indicated value (give me some time to rack my memory and dig it up). Also, don't forget, the tenement is flanked by operating mines mining for the same metal. That, plus the fact that drilling is about to commence / already under way with results coming down the tubes...


 
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