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Tuesday, April 22, 2014 2:04:07 AM
The only way this professional opinion has any merit is if the writer has been to the property
Really Mike, you can't be serious. In my field of expertise, I do not have to see the physical object for me to review a third party report and find flaws within it.
I readily see how a life long geologist can and does find flaws in descriptions, attributions, quantities, formations of rocks that are so freely described and fed to us as being one thing by a layperson, when the expert, with one look can and does spot serious errors in such a report.
Due to the nature of mining and the unknowns, it is incumbent on those in control of the property to be totally transparent with their reporting and announcements, especially as a publicly traded company. And if they are not qualified to make such findings and reports, then it is the prudent thing to just let the pros handle it. Otherwise, we have exactly what we have now, lots of hot air and not much to show for all the promises of gold at the end of the tunnel.
Being long the stock should not impede one's ability to see through the fluff. We have been given too much of it from the BOD. Let's get a professional to perform an industry acceptable, bankable report and take our lumps or gloat all the way to the bank.
I am glad we have RD759's free and unbiased professional views on what the BOD attempts to feed us.
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