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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Claude Cormier who wrote (24359)11/4/1997 6:56:00 PM
From: BobS  Read Replies (1) of 35569
 
Merci beaucoup, Claude.

For a while I've searching for standard definitions of mining terms. From your information it again seems there is no standard, industry-accepted definition for some of the terms (probable, proven, possible), nor for valuations of mines in various stages of development. Makes it hard to place value on mining companies - especially those which have not yet entered production on any of their properties.

It makes investing in this sector all the more .....enjoyable.... :)

bobs.
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