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Re: learner1156 post# 108774

Sunday, 09/25/2011 11:40:16 AM

Sunday, September 25, 2011 11:40:16 AM

Post# of 165854
He may be giving it away brilliantly. We don't know the deal. There in lies the problem. You are guessing, and I am guessing. Not a good way to invest.

Also remember Scott can not legally say that this property is worth anything. He has not developed the property to NI standards to determine value. He can only give weights and grades based on his small amount holes worth of drilling and a trench. When he approaches investors he wouldn't be able to present a package that included $ vales. The investors would have to see the potential on their own.

100 Billion may end up be an underestimate in my opinion. But for legal reasons of current development........... Scott must present an estimate of 11 million tonnes at a grade of 0.4% to .5%.