re: Ann: Increase in Scandinavian Gold Ore Re... yea... it's three years (230k of reserve/ 70kozpa mining = 3.3 years) of mining of reserves. An increase of 140k after depletion, or converting for every 1 year of exploration into 3 years of mineable reserves. Great result.
But do beware, the fundies and institutions are readying to dump this stock on April 1st, according to Miningnut (whose been extraordinarily smart enough to dump his 1.2 mil shares onto the market before the institutions)....
Ann: Increase in Scandinavian Gold Ore Reserves , page-3
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