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Thursday, June 08, 2017 2:47:37 AM
1. Because he hasn't even valued the company just made some generic subjective statements based on no mining experience or knowledge- how do I know that? See below
2. Clearly did a google search to learn about Measured vs Indicated vs Inferred
The issue is, google doesnt tell you how to value a resource! LOL, he doesn't realize partners and/or a buyer values based on M+I as an industry standard (Measured AND Indicated) and a small bump for inferred.
Basics any one who's ever valued anything in this sector would understand :)
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