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Message: Where's the beef?

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Where's the beef?

posted on Nov 18, 09 06:01PM

If anyone can find fault with the numbers below I'd love to hear because I am feeling very underwhelmed by the latest news release. Where are the "measured" resources? Is that is? just a 6% increase in total resources over the last two years? Where's the beef?

Monterde Resource Estimate

July 2007	Gold oz	Silver oz
Measured	583,100	33,180,000
Indicated	218,000	8,460,000
Inferred	217,400	3,463,000
Total	1,018,500	45,103,000


Nov 2009	Gold oz	Silver oz
Measured
Indicated	699,700	36,978,700
Inferred	381,600	11,155,400
Total	1,081,300	48,134,100

Change	62,800	3,031,100
% Increase	6.2	6.7