Ahh.. you know you know nothing, but still can't bear to be wrong? Don't keep exposing your ignorance, just use Google. Or ask an expert.
Reconciliation will (of course) not be out by 50%. If you think I said that, you REALLY don't understand anything about it.
Juniors do overstate resources, and understate them too. But they report enough information so I can make a reasonable judgement. That's how it's supposed to work.
It's also how takeovers work. Juniors report, majors have a look, do a DD and grab them. Or do you think RMS go around randomly taking companies over because they like the name?
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50 | 197905 | $2.08 |
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Price($) | Vol. | No. |
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31 | 113677 | 2.070 |
18 | 92217 | 2.060 |
9 | 67565 | 2.050 |
8 | 48477 | 2.040 |
Price($) | Vol. | No. |
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2.090 | 109710 | 52 |
2.100 | 129314 | 32 |
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