Coalboy it appears that yes, it is that easy to move the goalposts. Take a look at page 6 of the April 17th announcement. The pretty picture shows the supergene lodes going from vertical to horizontal. That would explain the downgrading of stuff from indicated to inferred. More drilling would confirm or deny this and then it could go back to indicated, but there is no cash to waste on drilling. One of the models for the resource is correct and the other is wrong, there can be no in between. Which one is it? The new one that is produced by a dream team of conservatives or one produced by a highly respected forty plus year veteran of the industry. Mining will tell the truth if it ever comes to pass. The dream team has done more diamond drilling which gives whole rocks to lick compared with previous drilling giving aircore or RC which produces rock chips to lick, so the odds favour the dream team. I am really pleased that our exposure to this is low. The excitement of waiting for the imminent news releases would make my rum consumption go through the roof!
KIN Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
