RoseH

Post says: ...”Perhaps I owe Mike an apology".

May be it's a bit premature since how he got 2.63Moz recoverable resource is still a mystery. Sent him an e-mail asking for some expalnation, but as expected it went unanswered. It may be just a coincidence that his 2.63 Moz is in the ballpark with the new PRB estimate, but as it was stated in the assumption he would not give any credit for anything under a 5gpt cut-off grade. That means most of the stuff in the 600m extension was not included (argument was the average over the length is less than 2.5gpt, as I recall). Ditto with the open-pit portion, since this belong to the LGZ. Again, it boils down to his prediction of 2.63Moz of over 5gpt which is quite interesting by itself, since if fully supported, this value is better than the new PRB estimate for the HGZ (alone) of 2.30Moz (indicated 80% @ 5.39, inferred 20%@ 4.37gpt).

If I were you, I would wait a bit longer for more facts to come in before rushing out there to issue an apology. LOL!

goldhunter