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Message: Where's the beef?

Where's the beef?

posted on Nov 18, 2009 06:01PM

If anyone can find fault with the numbers below I'd love to hear because I am feeling very underwhelmed by the latest news release. Where are the "measured" resources? Is that is? just a 6% increase in total resources over the last two years? Where's the beef?

Monterde Resource Estimate
July 2007 Gold oz Silver oz
Measured 583,100 33,180,000
Indicated 218,000 8,460,000
Inferred 217,400 3,463,000
Total 1,018,500 45,103,000
Nov 2009 Gold oz Silver oz
Measured
Indicated 699,700 36,978,700
Inferred 381,600 11,155,400
Total 1,081,300 48,134,100
Change 62,800 3,031,100
% Increase 6.2 6.7

Nov 18, 2009 07:45PM
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Nov 19, 2009 08:13AM
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