How to Read an MRE and Avoid Costly Mistakes by Neil Ringdahl

❗COMPANIES MENTIONED/FEATURED IN THIS PUBLICATION HAVE NOT PAID RESOURCE TALKS. However, viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. This means that there will always be a conflict of interest with the interviewees which means you can never rely on anything said herein. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. You further acknowledge that entities which may be referenced or featured in this publication or their related parties may hold an interest in Resource Talks or its affiliates, which may create further conflict of interest. In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help. The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it. By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences. Nobody involved in the production of this publication is a licensed investment advisor. The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel. No recommendations are being made to buy or sell any securities in this video. The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital. Read official company filings on www.SedarPlus.ca. Timestamps: 00:00:00 Chapters 00:00:37 Important Warning 00:01:37 Do juniors really need an MRE? 00:03:20 How realistic are MRE studies? 00:05:35 When's the right time to do an MRE? 00:13:55 What should I look for in an MRE? 00:16:53 Case study (RIO2) 00:22:35 What's the right cut-off grade? 00:27:56 What's a good number for inferred vs indicated? 00:33:30 What should I look out for in the metallurgy? 00:40:22 What manipulation tactics do juniors use in their MREs? 00:48:16 Why does QA/QC matter? 00:51:28 Can you do your own resource calculation? 00:56:06 Does Neil ever buy pre-MRE companies? 00:59:41 What's the key takeaway for speculators? 01:00:41 Contact details Neil Ringdahl This is an interview with Neil Ringdahl.