OrenincTV Episode 18: Resource Statements
How do you sift through resource statements for the truth?
Index updates, Top 10 financings, Presentations, Partner updates and much more …
How do you sift through resource statements for the truth?
Comments
How do you model projected resources when you only have a few drill hole data points? How much can you extrapolate out of incomplete grade and ore formation data?
Very nice 7 minute explanation for how to value resources.
I tend to draw a sketch of the ore body, and I extrapolate what I would need to make the ore body work, and then I judge the odds of the geology working on that basis. It is rough, but then again so is anything in this business.