CTO citigold corporation limited

here's my take, page-11

  1. 24,765 Posts.
    "Inferred gold" is precisely that - "inferred"

    It is NOT gold reserves.

    It is NOT measured gold.

    It is NOT indicated gold.

    It has served me well over the years with my investments in the gold sector to treat JORC "inferred" gold with a much, much lower degree of confidence than gold reserves, measured gold and indicated gold.

 
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