El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

invest, the tons of a measured resource depends on length, geometry and location of drill hole intersepts using a specific cutoff grade. Grade depends on the assay results and cutoff applied. Clyde states clearly that the assay numbers need to be verified.

But the big question for you, which you have never answered, is if you believe Smiths numbers then how you can believe anything that comes out of managements mouths? They have repeatedly said the grade is 10 to 30 times what Smith stated in his "measured" resource. istaman's predicted grade of less than 0.004 opt is much closer the Smith's grade than managements.

By the way, most resources these days conform to the Canadian 43-101 or Australian JORC code for reporting mineral reserves. I can tell you categorically that the drilling density at el cap is 1/10th or less than normal for ore resources. Smiths "measured"resources are not 43-101 or JORC compliant. Not even close.