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Re: OptimusPrime post# 5501

Thursday, 06/08/2017 2:47:37 AM

Thursday, June 08, 2017 2:47:37 AM

Post# of 29959
Max clearly doesn't understand valuation (mining or otherwise), nor resource analysis - we know that

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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