Replies to post #119351 on Fortress Financial Group fka FFGO

[Militia Man]

Hey Jufel, are you inferring what I think your inferring..? lol

Thats what I thought! FFGO has inferred reserves.. Prs and or 8ks even mention them...

Prisoner

[puppydotcom]

Inferred Reserves? is that like inferred done deal?

lol

[newtrader2007]

Jufel

Do you really believe the proposed buyer is paying 100 million+ based on Inferred Reserves? In my experiances when paying this amount for lease rights to mining claims without major exploration assesment and valuation of properties would not make good sense for buyer. Usually much is spent on exploration to truly determin value.

JMO, No Expert At!

Newtrader

[Fire Lane]

inferred? LOL that is not allowed to be used as a basis for aa valuation according to USGAAP or PCAOB

[Fire Lane]

Inferred resources may or may not be supported by samples or measurements

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are you serious? its like elmer fud going out in his back yard and saying "loooky there , that looks like gold" its worth billions