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Friday, February 01, 2019 2:21:01 PM
In the United States that document is not needed which Mr. Grant has already stated for this stock to trade on our Exchanges. I would think, but I do not know for sure that you can do this, is to open a brokerage account with a United States brokerage firm and maybe you could trade it that way.
National Instrument (NI) 43-101 is a Canadian mineral resource classification scheme used to disclose information about mineral properties. Foreign and domestic companies listing on stock exchanges overseen by the Canadian Securities Administration (CSA) are required to abide by the NI 43-101 rules and guidelines for displaying information related to mineral properties.
The reports were originated after the Bre-X Minerals Ltd. scandal in the 1990s involving inflated mineral resource estimates. After reaching a market capitalization of around $6.4 billion (adjusted for inflation), the company's fraud began to unravel when its geologist Michael de Guzman died in an accident and it was then determined that ore samples had been salted with gold dust.
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