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Friday, August 10, 2012 9:38:40 PM
Thats Noble's Tailing Estimates
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
JORC Compliance doesn't use these
"Up to" "Ranging From" "as high as"
Which (witch) is how Katx/Bvig came up with 4gt+
Difference in those estimates
Makes a Big Difference in ASS U Mtions
plain and simple
The SEC to Katx
Please revise your disclosure to comply with this guidance
11. We note you disclose sample results in this section of your filing. When reporting the results of sampling and chemical analyses, please revise your disclosure to address each of the following:
• Disclose only weighted-average sample analyses associated with a measured length or a substantial volume.
• Eliminate all analyses from “grab” or “dump” samples
, unless the sample is of a substantial and disclosed weight.
• Eliminate all disclosure of the highest or best values/grades of sample sets. Present a balanced disclosure of the drill and sampling results.
• Eliminate grades disclosed as “up to” or “as high as” or “ranging from.”
• Eliminate statements containing grade and/or sample-width ranges.
• Aggregated sample values from related locations should be aggregated based on a weighted average of lengths of the samples.
• Generally, use tables to improve readability of sample and drilling data.
• Soil samples may be disclosed as a weighted average value over an area.
• Refrain from reporting single soil sample values.
• Convert all ppb quantities to ppm quantities for disclosure.
• Avoid optimistic descriptive adjectives such as high-grade or ore-grade.
Please revise your disclosure to comply with this guidance.
"Texas" Weeeeeeeeeeeeeeeee LMFAO
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