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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: ge-believer who wrote (28834)	10/10/2002 7:24:07 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 34075

<This has left it exposed from top to bottom, permitting it to be easily sampled in the third dimension. > Even admitting that this would be possible (which I doubt as you still sample only on surface no matter in which dimension is the surface), you would still need the same number of samples as if you were drilling to have statistically valid population. Guido numbers were some 80M ounces of gold indicated and 160M ounces inferred. Have you tried to evaluate the number of samples needed to come up with those numbers assuming, let say a grade of 0.10 ounces per ton? A few hundred thousands probably. And the more erratic is the presence of the gold and the grade, the more samples you need.