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Saturday, November 24, 2012 10:51:18 AM
All folks, and more importantly, whoever pens the company news, needs to know what defines reserves, and what is required in order to claim reserves.
All should read the SEC Industry Grade 7 guidelines which stipulate that a full feasibility study must be done before a company can claim reserve status for an ore body.
And SRGE has none. The study done by Tumi does not come close.
Further, it is an SEC violation to claim values of in ground ore.
SRGE is treading on thin ice.
IG
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