Beerbelly,
As taken from:
http://www.agoracom.com/ir/Inspirati...
You stated:
...
"In order to properly answer this challenge, you can't just cut and paste a bunch of posts quoting numbers, you actually have to disclose what FNX's current resource is. That way we can actually see if the numbers you posted are actually "as big or even half as big" as FNX. You have yet to do that."
...
Given that the initial FNX's home page link caused confusion as to how to access information below is a step by step process as to how to access FNX's resource numbers:
How to access current FNX resource numbers:
Step 1:
Click on:
http://www.fnxmining.com/docs/index.php
Step 2:
FNX Home Page loads up
Step 3:
Menu bar on top of page you are given a choice of the following pages to click on: 'Corporate Overview', 'FNX Projects', 'Mining Services', 'News Releases', 'Financial Reports', 'Investor Centre', 'Careers'.
Step 4:
Click 'FNX Projects'.
Step 5:
'Pull-down menu will appear and offer you a choice of the following pages to click on: 'Sudbury Basin', 'Reserves and Resources', 'Operations', 'Development', 'Explorations'.
Step 6:
Click 'Reserves and Resources'
Step 7:
Relay to the Agoracom ISM bb what as of December 31, 2007 - FNX's current indicated and inferred resources is:
"The result was a (Beerbelly to fill in) increase of its measured and indicated resources to (Beerbelly to fill in) million tons and its inferred resources fivehold to (Beerbelly to fill in) million tons (effective December 31, 2007)."
Beerbelly's finding are that FNX's measured and indicated resources are: (Beerbelly to fill in)
Beerbelly's May 21, 2008 guestimate as to what ISM Inferred and Proven resources are 44 million tons as taken from:
http://www.agoracom.com/ir/Inspirati...
"3.http://www.agoracom.com/ir/Inspirati...
Re: 3 million tonnes of ore??
Posted by: Beerbelly on May 21, 2008 06:51PM
In response to: 3 million tonnes of ore?? by cadomin
Cad - I know - my reaction was quite similar to yours re the tonnage estimate that I was given. Opinions are like behinds, everyone has one. I don't know what these people are basing their opinion on, but I do not see the point of doing a 43-101 if the amount of tonnage is only 3 million. I think LBE has proven this point - that there is no point doing a 43-101 for small tonnage amounts, the market doesn't care. This was one of the reasons I am coming here, to get some other opinions on what our tonnage will be. Whaler seems absent today, maybe he is watching VMS closely like some of us are today.
I will also give my estimates - L1 - 8 million tons - (inferred and proven) at 1.1% grade, L2 - 36 million tons (i&p) at .7%. I am thinking/hoping that I am on the low side.
Cad - the other mantra I am being given is that anything below .6% Ni is uneconomic to mine - any thoughts on this theory?"
Step 8:
Apologize profusely to Buxom1 :)!
