TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Re: exguy - Prodigy 3.25 million oz I&I ?

Feb 04, 2011 04:59PM
2
tau
Feb 04, 2011 09:13PM
3
Feb 04, 2011 09:50PM

I've been using a conservative cut-off of 1 g/t for my estimates but it will be very interesting to see what PDG ends up using. If you check the 2004 resource estimate you can see about 1.25 million M&I oz with a 0.34 cut-off. My recent searches indicate you can use M&I&I for a scoping study(PEA) but feasibility studies can only use reserves(P&P) or measured and indicated. Inferred resources can't be used. I think most of the 20,000 m program will be for resource upgrading as opposed to adding resource. That will benefit the feasibility study. I'm reluctant to give a number for the revised estimate as I've been disappointed too many times with this stock. Good price and volume action. Let's hope it builds until the report is released.

4
Feb 05, 2011 03:36PM
1
M
Feb 05, 2011 06:43PM
5
Feb 05, 2011 07:06PM
8
Feb 05, 2011 08:39PM
1
Feb 09, 2011 03:49PM
5
Feb 11, 2011 11:19PM
4
Feb 15, 2011 09:31PM
Share
New Message
Please login to post a reply