Replies to post #16457 on US Precious Metals (fka USPR)

[gitreal]

Averaging down is awesome, isn't it?

[gitreal]

Not only does the SEC not recognize resource numbers, but they forbid their release:

3. Estimates other than proved (measured) or probable (indicated) reserves, and any estimated values of such reserves shall not be disclosed unless such information is required to be disclosed by foreign or state law provided, however, that where such estimates previously have been provided to a person (or any of its affiliates) that is offering to acquire, merge, or consolidate with, the registrant or otherwise to acquire the registrants securities, such estimates may be included.

Perhaps USPR management should read Industry Guide 7: http://web.cim.org/standards/MenuPage.cfm?sections=177,183&menu=226