Mining 101: Ep 11. Resource vs. Reserve


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


Featuring:
Mickey Fulp
Comments:
  1. On June 15, 2011 at 2:44 pm,
    going down fast says:

    Brief and to the point and most of all, understandable. Kudos to Mickey!

    Reply to this comment
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