RWD
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0.00% 7.1¢ reward minerals ltd

You are on another planet. This is not a hard rock deposit. It...

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  1. KRogers
    258 Posts.
    lightbulb Created with Sketch. 19
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    01/06/18
    14:19
    Post #: 33435175
    You are on another planet. This is not a hard rock deposit. It is liquid. It moves. How can you define it as a reserve when it is moving?!

    Even a resource is, by JORC definition: "a concentration or occurrence of solid material".

    So estimating a resource using modifying factors and clarifications can work... but how KLL defined a reserve is beyond me!
    RWD Price at posting: 19.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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7.1¢ 		Change
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