Re: resource estimate and IMF rumors
posted on
Mar 02, 2010 10:56AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Actually I said several times that I was using 300k ozs as a VERY conservative benchmark so you are taking things out of context again. That estimate was really only accounting for the top 250m of the GM alone.
Here is a part of my exact quote:
"the Golden Mile which I'm assuming has somewhere in the neighbourhood of 300k-1.5m oz"
For the record I meant inferred only and that also depends on whether they extrapolate the resource down to the full 1000m, that's why the range is so broad.