SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: V$gas.Com who wrote (9055)6/7/1998 1:20:00 PM
From: Mark G  Respond to of 11850
 
Robert,

Thank you for adding that. When I was in college I worked for Consolidation Coal Company (CONSOL). We used USGS estimates often, but when it came time for the real number crunching and economic analysis, we got the core drillers out and someone had to spend waaaaaaay too much time out in the middle of nowhere logging these samples. From there, we would determine the economic feasibility of the coal bed. As I recall, the USGS estimates were usually understated.

Mark G.