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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: John McCarthy who wrote (31244)	1/29/2007 11:02:39 PM
From: Mr. Aloha	Read Replies (3) of 78412

No, the A-Extension and Big Bull resources won't increase the reserves since those areas weren't in the scope of the feasibility study. If they do a new feasibility study on those areas or redo this feasibility study to include them, they would increase the reserves, assuming they're shown through analysis to be economic. Just estimating the resource from drilling won't increase the reserves, especially since they're out of scope -- the resources need to be analyzed to determine what portion is economically mineable. As is often the case on SH, this guy doesn't know what he's talking about or he's being intentionally deceptive.

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