Hey Vlad
Very true, you are right about increasing gold resource. As a mate of mine mentioned it most likely wont be a linear increase in the resource, but we also need to remember the quality of drilling that was completed by Madison and Buffalo over 10 years!
Over 85% of the 2million ounces of NI43-101 is in the indicated category unlike the rest of the small gold miners who have over 80% of their resource in the less confident JORC Inferred Category!
And the Canadian NI43-101 is controlled by the TSX equivalent to ASIC, hence it is a lot more stringent to build a resource using the National Instruments than it is with JORC! The Canadians are very very conservative, and they had to be when the price of gold was $300 per ounce!
Anyhow Vlad, Great to have you as a fellow shareholder on IDC! Going to be a cracker!
We need to get some more of the SDL boys onto IDC before these announcements are made! How can we do that without being TOU'd for cross promotion?
:)
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