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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: ubetcha who wrote (30611)2/24/2003 12:07:53 AM
From: Claude Cormier  Read Replies (1) of 34075
 
<I agree. However after mining for 2+ years do not you have the same information? > <You now have an idea of the grade of ore that you are working with.>

Yes for the zone you are mining. Note for the ridge on the other side of the valley.

<But once the "resources" have been established by either method, the mine should be valued the same. That is my point.>

The production you get from one zone does not implied you will get similar production from another zone.
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