I'm not clear at all on the following. Where they recap some of the features of the combined company, they write:
"Combined Measured and Indicated resources of approximately 25 million ounces silver, 26 million pounds lead and 37 million pounds zinc
- Combined Inferred resources of approximately 187 million ounces silver, 2 million ounces gold, 1 billion pounds lead and 1 billion pounds zinc"
Those numbers seemed way too low, especially on a combined basis. Then, later, when discussing just ECU, they say:
"ECU Silver Mining Inc. is focused on the exploration, development and mining of silver, gold and base metals at its Velardena District Properties in Durango, Mexico, where it holds an NI 43-101 compliant mineral resource of 40 million silver equivalent ounces in the Measured and Indicated category and 391 million silver equivalent ounces in the Inferred category."
Am I reading the NR incorrectly?