So what is the definition of this "Indicated Resource"? Go back to the Micon Report to get the definition and don't forget to read footnote #2.

"The quantity and grade of reported Inferred Resources in this estimation are conceptual in nature and there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Mineral Resource. It is uncertain if further exploration will result in the upgrading of the Inferred Resources into an Indicated or Measured Mineral Resource category."

Some people just don't get it. Do you think this stock would have crashed like it did if it was an indicated resource? Please. You can call it an indicated resource all day long if you want but the true definition will never change.

v.