SPQ 14.3% 0.6¢ superior resources limited

Perhaps, but there's some really basic problems here - there's...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 574 Posts.
    lightbulb Created with Sketch. 139
    Perhaps, but there's some really basic problems here - there's apparently no variography been done and the drill results released so far indicate considerable grade variance. The block model has been estimated at 1/4 the minimum drill spacing without any geostatistical support. Likewise, the classification of the resultant (*ahem*) estimate of mineralisation is based on some arbitrary distances with absolutely no geostatistical support. I get the impression that the database is a series of spreadsheets and there's no commentary on Reasonable Prospects. And rather than using more sophisticated estimation techniques, the CP has time-warped back to the 60's to use IDW as a primary interpolation technique. None of that is supportive of a Measured classification and Indicated is highly debatable.
 
watchlist Created with Sketch. Add SPQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.