ABFG - AMERICAN BENEFITS GROUP, INC. Message Board

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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC.

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To: Henry Volquardsen who wrote (3853)	5/20/1999 6:32:00 PM
From: Angusb	Read Replies (2) of 4128

" before you get too excited about the 6 billion in reserves find out if they have third party verification of the number, that is normal practice in mining. Without it the number is not reliable." Actually this is misleading. The term reserves refers to mineralization that is recoverable at a profit. Legally the ore reserve estimates must be prepared by a professional engineer and usually they are accompanied by a detailed feasibility study before they are even called reserves. Reserves are broken down according to protocols into proven, probable, and inferred. SWAG estimates are called mineral resource inventories and they are pretty much meaningless.

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