Friday, February 01, 2013 4:21:05 PM
A portion of the text from one of your links....
Unfortunately many TSX company officers and directors, promoters, investor relations personnel, newsletter and website writers, analysts, financiers, and, sadly, even some that have the necessary
education and experience to be designated Professional Geologists, Professional Engineers, Certified Professional Geologists, or other title that earns them Qualified Person status, do not understand the
difference.
Or perhaps they do not care. Could it be that some deliberately and dishonestly use these classifications as if they are interchangeable at trade shows, in interviews, public presentations, and discussions with potential investors or subscribers?
As Mark Twain said over 140 years ago, “A mine is a hole in the ground with a liar standing beside it.”
When evaluating a company for investment, the lay investor should understand and realize that a Mineral Resource is simply a mineralized mass of rock that has highly elevated content compared to background abundance in a particular mineral commodity. There is often little or no economic input into this classification.
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