Even the 'experts' get it wrong all the time.
Everyone here is familiar with Brent Cook and Joe Mazumdar of Exploration Insight's fame?
These guys are THE authority on junior exploration.
I bested them TWICE on resource estimates.
Here is NexGen Energy $NXE in 2016: https://ceo.ca/index?20b126168d43
I estimated a min 200Mlbs of U3O8, Brent Cook challenged these estimates as highly improbable. Consensus estimates were around 125Mlbs. The maiden resource estimate was published the following month - 202Mlbs.
Here is Tinka Resources $TK.v in 2017: https://ceo.ca/tk?f314f06c0120
I estimated a min 40Mt of ore, Joe Mazumdar had his estimate around 32Mt. Consensus was around the same. The resource update was published the following month - 42Mt.
Ann: Further Extension to Rupice North Zone, page-61
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