This is an excellent article from the ASXMining Field or 'Minefield' - How to read mining company reports
Even for the 'seasoned' professional it is not always easy to decipher the true meaning or potential share price impact of a mining company press release. Despite strict stock exchange guidelines on the reporting of such items as exploration results, drilling intersections, and reserves and resources calculations, there is always the dilemma of market 'sentiment' to contend with. 'Knee-jerk' market reaction to a particular report may, or may not, be an indication of value creation/destruction but does afford buying and selling opportunities for the 'astute' (read informed) investor. This article written by Ron Cameron and Gerard Paynter of Ord Minnett will attempt to 'de-fuse' some of the 'mines' in the mining company reporting 'minefield'.
...to read the balance...