What's the Big Deal about a Big Resource Estimate?
posted on
May 13, 2008 04:25PM
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What's the Big Deal about a Big Resource Estimate?
The more I learn about the importance of attaining a BIG TYHEE RESOURCE the more that popular desire seems irrelevant and even silly with respect to Tyhee's goals of going into production asap. Since neither the Giant nor the Con Mine hardly ever had more than a 2 million ounce resource, they were successful by getting a mine going, open pitting downward and uncovering the new recourses at they continued to mine. Starting out with a BIG RESOURCE, getting the number very high, really made no sense since it was far more economical to demonstrate a mine's good economy and then get greater resources as they progressed.
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