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This one is going to be interesting
Looking good here today!
Took a chunk here today
My guy Doog exactly better pay attention to where it's going not where it came from with the "good ones" in OTC. Stocks like this are rare gems!
Did someone say ICO nice! Wish I would have looked into this one sooner nonetheless thanks to TheThirdLeg for the tip I grabbed some and will be adding up to .03
You don't need to tell me if I thought no filings was coming I would have sold by now. I didn't get here yesterday thus I believe in management's goals so far so still holding.
To each it's own but keep me informed through tweets or what ever but just deliver on your promise is all I ask of the company.
New tweet about 8k
We will be filing a form 8-K that will have up to date info regarding our financials. $FTRS
— Futuris Company (@FuturisCompany) January 20, 2021
Nice to see a green close lets close the rest of this week out green also
Look how thin it is
Time is running out to sit on the sideline bid sitters could miss out. If the pacer comes out any day AH this will more than likely gap up when it opens the next trading day.
Exactly
Bank Tank is not in this play but this does seem manipulated
Paul is gone CFGN at .03 still lets go!
"On 3/17/20 the government of Sri Lanka announced that all international airports would be closed to arriving international commercial passenger flights. The airport is scheduled to resume limited arrivals for international passengers on 1/21/21"
What a coincidence Ameca comes alive after silence for months right before Sri Lanka lifts travel restrictions tomorrow
National Instrument 43-101 (the "NI 43-101" or the "NI") is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities.
Many publicly held Canadian mineral exploration and mining companies list on the TSX Venture Exchange (TSX-V) or the Toronto Stock Exchange (TSX). Some of these companies may also have listings on stock exchanges outside Canada, such as Johannesburg Stock Exchange, Australian Securities Exchange and London Stock Exchange.
Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports, reporting of resources and reserves, presentations, oral comments, and websites. The NI 43-101 covers metalliferous, precious metals and solid energy commodities as well as bulk minerals, dimension stone, precious stones and mineral sands commodities.
The National Instrument 43-101 is broadly comparable to the Joint Ore Reserves Committee Code (JORC Code) which regulates the publication of mineral exploration reports on the Australian Stock Exchange (ASX). It is also broadly comparable with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC).[1] The reporting codes are, however, not entirely congruent in practice, in that NI 43-101 is more prescriptive in terms of the manner in which mineral exploration reporting is presented, although the content of the technical reports, and the scientific rigors to which the mineral resource classifications within them are put, are often very similar.
For TSX listing purposes, an NI 43-101 Technical Report would have to be accompanied by a Report prepared in accordance with NI 43-101. For ASX listings, a JORC Mineral Resource Statement needs to be accompanied by a Valmin Valuation Report, while for JSE listings, a Competent Person's Report (CPRs), which is compliant with SAMREC and The South African Code for the Valuation of Mineral Assets (SAMVAL), needs to be submitted.
In many cases, NI 43-101 and JORC Code technical reports are considered inter-changeable and may be accepted by either regulatory body in cases of dual listed entities and, indeed, are accepted as the de facto industry reporting standard by many other jurisdictions which lack similar rigorous reporting standards or internationally recognized industry professional bodies. The LSE, for instance, accepts CPRs, Qualified Person's Reports (QPRs), and Mineral Resource Statements, compiled using JORC, SAMREC and SAMVAL, or NI 43-101, when accompanied by a NI51-101 Valuation Form, for listing on the LSE. Likewise, the Hong Kong Stock Exchange accepts reports prepared in accordance with NI 43-101,SAMREC or JORC.
The purpose of National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges overseen by the Canadian Securities Authority.
The NI 43-101 was created after the Bre-X scandal to protect investors from unsubstantiated mineral project disclosures.
"The gold reserves at (Bre-X's) Busang were alleged to be 200 million ounces (6,200 t), or up to 8% of the entire world's gold reserves at that time. However, it was a massive fraud and there was no gold. The core samples had been faked by salting them with outside gold. An independent lab later claimed that the faking had been poorly done, including the use of shavings from gold jewelry. In 1997, Bre-X collapsed and its shares became worthless in one of the biggest stock scandals in Canadian history."[2]
The promulgation of a codified reporting scheme makes it more difficult for fraud to occur and reassures investors that the projects have been assessed in a scientific and professional manner. However, even properly and professionally investigated mineral deposits are not necessarily economic, nor does the presence of a NI 43-101-, JORC- or SAMREC and SAMVAL-compliant CPR or QPR necessarily mean that it is a good investment.
Similarly, the publication of a complex technical report with all the inherent jargon, technical wording and abstract geological, metallurgical and economic information may not actually significantly advantage an investor who is not able to fully nor properly understand the content or importance of this information. In this way the NI 43-101 may not serve the interests of those it is designed to protect— the retail investors who may easily misinterpret such information. Because of this, many investors hire independent geology consultants to review the reports for them.
Stipulations Edit
NI 43-101 stipulates and codifies the form and content of a compliant report (i.e.; a report that complies with the Reporting Standard).
Prescribed disclosure within the National Instrument relates to;
All disclosure of scientific or technical information, including disclosure of a mineral resource or mineral reserve, concerning a mineral project on a property material to the issuer must be based upon information prepared by or under the supervision of a qualified person
What the National Instrument is to be used for, such as which types of mineral properties must be covered by a compliant report
Prescribes the terminology to be used to describe various features, both geologically and financially, within the report
Stipulates the type of information to be discussed and the technical data which must be portrayed, for various levels of reporting
Prescribes a list of approved Competent Persons, and the definition of Groups and Associations which may qualify to certify such a person as "Qualified"
Prescribes that a Qualified Person vouches for the accuracy and completeness of the contained information and the manner in which it is presented
Provides guidance on reporting Historical mineral resource estimates
Proscribed disclosure within the National Instrument precludes a company from reporting;
Quantity, grade, or metal or mineral content of a deposit that has not been categorized as an inferred mineral resource, an indicated mineral resource, a measured mineral resource, a probable mineral reserve or a proven mineral reserve
Results of an economic analysis that includes inferred mineral resources
Allows for the potential grade, quantity and metal or mineral content of an exploration property, provided that a qualifying statement is made as to this being conceptual in nature
The term preliminary feasibility study, pre-feasibility study or feasibility study when referring to a study unless the study satisfies the criteria set out in the National Instrument
Comparison with the JORC Code Edit
The National Instrument 43-101 requires substantially more technical disclosure to the market than the equivalent JORC Code, because the JORC Code is primarily a code for reporting the status of a mineral resource, whereas the NI 43-101 is a code of securities disclosure. This distinction is based on the derivation of the two codes: the JORC Code is derived from the Joint Ore Reserves Committee, an independent mineral industry body formed from industry professional associations; The NI 43-101 is a code derived from the Canadian Securities Authorities. The JORC Code, were it equal with the NI 43-101 would be derived from the Australian Securities and Investment Commission, not the relevant industry bodies.
The technical information required in a Reserve declaration under the NI 43-101 exceeds that within the JORC Code, primarily by stipulating that certain geological parameters of the mineral reserve must be presented within a report, published in full, and presented in a particular way. Conversely, in Australia, technical reports are prepared in accordance with JORC guidelines and are not commonly published in full upon the Australian Stock Exchange as this is not required by Australian regulatory authorities. Therefore, often a summary of the key points is published, which can often preserve commercially sensitive information, and often this could allow deleterious information to remain out of the public forum.
Qualified Persons Statement Edit
The instrument requires that a "qualified person" be attributed to the information. This Qualified Person, in the spirit of the National Instrument, is required to be a reputable professional who is knowledgeable of the mineral property concerned, and who has sufficient experience and qualifications to make the statements which are made within the report. Often the Qualified Person need not be the author of the report, but in attributing the report as being compliant with the National Instrument, they are vouching for it. This is a matter of professional integrity and carries legal risk, as misleading statements can result in legal sanctions in Canadian and other jurisdictions.
A qualified person is defined in the National Instrument as:
is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these;
has experience relevant to the subject matter of the mineral project and the technical report; and
is in good standing with a professional association and, in the case of a foreign association, is of recognised stature within that Organisation.
The requirement for a Qualified Person in the NI 43-101 is different from that required by the JORC Code, and the SAMREC and SAMVAL Codes, wherein the person must have 5 years experience relevant to the deposit type or style of mineralization but is otherwise similar in terms of who may or may not sign off on such a document.
The Qualified Person must declare whether a qualified person has verified the data disclosed, including sampling, analytical and test data underlying the information or opinions contained in the written disclosure; a description of how the data was verified and any limitations on the verification process; and an explanation of any failure to verify the data.
https://en.m.wikipedia.org/wiki/National_Instrument_43-101
Now that makes a lot of sense thanks for posting that!
Looking good lots of good works in the pipeline here. PaYtience pays.
Hope you didn't put up a wall of 400K when you sold that slows up a run.
STHC leading the poll
Which one you think could hit $2 and hold it first?
— Rise2ShineLife (@Rise2ShineLife) January 17, 2021
Too much doubt in your post do you have the same amount of shares you had before or did you sell before this run Friday.
Send it
@michael_barts don't hate on @MrZackmorris success find your own $FTRS $CTYX or $STHC who https://t.co/fnhxEYzgmk is merging into with $4.4B in graphite the kind of stock that could go from .12 to $5
— Rise2ShineLife (@Rise2ShineLife) January 17, 2021
Friday it closed up 200% on a simple update next week should be interesting.
Do you follow Synergy plays around posting old information?
$4.4Benjamins in graphite pumps itself right out the ground, human pumps not needed.
So far one of my favorites is a Synergy play FTR*, STHC has been added to the list of my favs after holding this since August and finally getting the merger on the way.
Pretty impressive 2 out of 3 of my favorites coming from Synergy.
Check out $FTRS and $CTYX my 2 favorites $STHC will make that list once the merger is announced they have $4.4B in graphite the kind of play that could possibly go from .05 to $5 all we need is confirmation on the merger with https://t.co/fnhxEYzgmk
— Rise2ShineLife (@Rise2ShineLife) January 9, 2021
Follow me for tips.
STHC was a Synergy Custodianship play do some DD and get caught up the shell has been sold to Ameca Mining
$4.4B in graphite is what we know the value of gold has not been stated yet by Ameca.
Please vote
Which one you think could hit $2 and hold it first?
— Rise2ShineLife (@Rise2ShineLife) January 17, 2021
Please vote
Which one you think could hit $2 and hold it first?
— Rise2ShineLife (@Rise2ShineLife) January 17, 2021
Bingo
Nice and we don't even know how much gold they have this could be one of the biggest reverse mergers in OTC history
Bright future here
$STHC up 200% Fri on first OTC update $4.4B Graphite play!
Norton Fernando just popped up on OTC profile Friday
https://www.otcmarkets.com/stock/STHC/profile
Norton Fernando, FCIA
Chairman, Partner
Norton is a professionally qualified accountant with several decades of professional experience in Sri Lanka and overseas covering large companies as Finance Manager, Finance Director, Consultant etc. His stints include British Motor Car Corporation - UK, Imperial Tobacco Company – Ceylon, Ceylon Synthetic Textile Limited, Vauxhall Mills Corporation etc. He was also a successful Tea Exporter as Managing Director of Sea Air Export (Pvt) Limited.
https://www.amecamining.com/board-of-directors
$4.4B worth of graphite was found in Sri Lanka
$STHC $4.4B Graphite play up 200% on first OTC update Friday!!!!!
Norton Fernando just popped up on OTC profile Friday
https://www.otcmarkets.com/stock/STHC/profile
Norton Fernando, FCIA
Chairman, Partner
Norton is a professionally qualified accountant with several decades of professional experience in Sri Lanka and overseas covering large companies as Finance Manager, Finance Director, Consultant etc. His stints include British Motor Car Corporation - UK, Imperial Tobacco Company – Ceylon, Ceylon Synthetic Textile Limited, Vauxhall Mills Corporation etc. He was also a successful Tea Exporter as Managing Director of Sea Air Export (Pvt) Limited.
https://www.amecamining.com/board-of-directors
$4.4B worth of graphite was found in Sri Lanka
Graphite Supply Needs to Increase Nearly 500 Percent by 2050
The energy revolution and the push for lower carbon emissions are unstoppable trends that will continue to unfold in the coming decades.
Demand for energy storage is expected to be so high that production of key battery metals such as graphite will need to ramp up to unprecedented levels.
According to a new World Bank report, just to meet the increasing demand from this segment, graphite output will need to jump by nearly 500 percent by 2050.
https://investingnews.com/daily/resource-investing/battery-metals-investing/graphite-investing/graphite-supply-needs-increase/
If your new here please read: Ameca's partner Atula works for the Government of Sri Lanka he is the Chair Professor of Geology of the University of Peradeniya the largest University of Sri Lanka.
http://sci.pdn.ac.lk/geology/staff/contactAtula.php
https://www.amecamining.com/board-of-directors
Ameca found $4B in graphite in Sri Lanka and for me Atula adds credibility to those claims.
Yes I downloaded it I can do a screen shot of each page later and uploaded it here
Interesting I just checked and don't see it anymore either
Congrats to those who held and stuck it out with us!