This is not rocket science. You don't need to be 'on the ground'...

This is not rocket science. You don't need to be 'on the ground' to understand it. Dedicating 75% of our spending on increasing resource size makes it very obvious what Chris' and the Board's strategic priority is.

If people still don't understand the technical differences between resource and reserve, how about we discuss their value in $:

NDM (TSX) has 110 moz resource and is worth about $260 million (that only worth about 15% more than NVA's 4.7moz)

BGL (ASX) has 0.7 moz reserves and is worth about $900 million


Resource is not worth anything. Zero. The value of a resource is impossible to determine, it is pure speculation. 4.7moz gold is worth absolutly nothing until its proven that it can be extracted for less than the POG, and there are no environmental or social issues.

Reserves, however, are nearly as good as money in the bank. As soon as NVA proves up even 10% of their resource as reserves, we are looking at a share price 10x + where we are now. The sooner Chris drills these infill holes, the sooner we achieve a re-rate.