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Strategies & Market Trends : Ride the Tiger with CD
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To: WalterWhite who wrote (100102)11/30/2007 1:27:25 PM
From: Claude Cormier   of 312908
 
FYI, an estimate resource is gold in the ground in one of the following category: measured, indicated or inferred.

10M ounces is a huge strech at this point for KXL. It is clearly in the potential range, but nobody can advance such number as an estimate resource. They may not even have 2M ounces.

We must differentiate between potential and reality. Granted very few explorers have the kind of potential KXL has. But a lot of explorers have more resources.
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