CTO citigold corporation limited

Sydney,Perhaps you should do some reading so you kow what...

  1. gmt
    8,244 Posts.
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    Sydney,

    Perhaps you should do some reading so you kow what inferred mineral resource means. " Lowest Level Of Confidence under the JORC Code.

    You may also wish to read this and go to the link below.

    "The Australian Securities and Investments Commission (ASIC) has recently announced it considers that exploration targets and Inferred Mineral Resources are not a reasonable basis for the reporting by resources companies of production targets and forward looking statements implying future economic viability."

    http://www.mondaq.com/australia/x/161826/Mining/Mineral+Resource+and+Ore+Reserve+Reporting+Review+Production+Forecasts

    DYOR



 
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