Takeover target?, page-4

Hi Folks,

Not a regular TMX watcher, but was drawn over here by a post from SAR. Looking at these slides above, I'd be concerned about killing the pig just yet. It is a big red flag to me to see inferred resources quoted in the context of profitability forecasts. You could put your mother-in-law into the Inferred classification.

What % of these ounces are currently sitting in inferred? What sort of $ are needed to spend to convert them to Indicated (and thefore permit them to qualify for reserve conversion)?

These are the questions I'd be asking before I was thinking this was a skittles and rainbows project that would entice a takeover.

Of course, please DYOR, I'm probably dumber than most of you.

F3.