St. Jude Resources......V.SJD Message Board

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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: Fishfinder who wrote (2809)	2/8/2000 5:42:00 PM
From: David R. Schaller	of 3065

Scott, My understanding of the density of drill holes is that 25m would allow a "reserve" calculation not a "resource" calculation. Resource calculations are often generated with 50m spacing. A "reserve" calculation done by an independent firm might well be the part of a process of developing the Hwini-Butre concession into a bankable asset. It seems to me that SJD is either being overly cautious or has employed a delaying strategy for some other grand purpose. Dave

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