SXG 6.33% $3.19 southern cross gold ltd

does not have to be JORC ... it can be NI 43-101 ... not fussed...

  1. 335 Posts.
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    does not have to be JORC ... it can be NI 43-101 ... not fussed ...

    reason these codes exist is to remove the hype oxygen that is oh so prevalent on sites like these ...

    your link is interesting ... if we were talking about RESERVES ... that would be 10 years down the track not 3 ...

    AFTER you establish a RESOURCE ... then the fun begins and some portion of that may or may not become a RESERVE ...

    Mines On Line publish all completed transactions ... they have 1, 3, 5 year averages for both resources and reserves ... reserves are transacted at 10x resources ... here are some tables as examples ... clear difference between resources and reserves ... there is zero evidence that supports anything near what sxg's cap is ...


    https://hotcopper.com.au/data/attachments/6243/6243912-6e1058194ff1fa5333fc5198b816629a.jpg

    https://hotcopper.com.au/data/attachments/6243/6243914-d95d5b7509adf6bf48ed9f84a255e436.jpg




 
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