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TeachMeFinance.com - explain Probable (indicated) reserves, coal Probable (indicated) reserves, coal The term 'Probable (indicated) reserves, coal' as it applies to the area of energy can be defined as ' Reserves or resources for which tonnage and grade are computed partly from specific measurements, samples, or production data and partly from projection for a reasonable distance on the basis of geological evidence. The sites available are too widely or otherwise in appropriately spaced to permit the mineral bodies to be outlined completely or the grade established throughout'. Previous 5 Terms: Probability of Hail Probability of load Probability of Precipitation Probability of Thunderstorms Probability of Tropical Cyclone Conditio Next 5 Terms: Probable energy reserves Probable maximum flood (PMF) (maximum probable flood, MPF) Probable maximum precipitation (PMP) Probation Surcharge (Premium) Probe About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.