Mining 101: Ep 11. Resource vs. Reserve
ker
June 15, 2011
Mickey Fulp of http://www.MercenaryGeologist.com explains the fundamental difference between a resource and a reserve.
From Wiki:
Mineral resources are potentially valuable, and for which reasonable prospects exist for eventual economic extraction.
Mineral reserves are valuable and legally and economically and technically feasible to extract.
For More Info, Visit:
http://www.mercenarygeologist.com
http://www.evenkeelmedia.com
Discussion
1 Comment
Jun 15, 2011 15:44 PM
Brief and to the point and most of all, understandable. Kudos to Mickey!