Southcorp Capital Inc (STHC)

[No1Uknow]

Not quite the way it works, but close.. First of all having a geologist on the board is almost a must have.. If I don't see one I move on..

The NI 43-101 will be completed by someone at arms length however the on board geologist will work closely with him on locations and any drill cores are considered evidence and will be in the possession of the independent geologist, not the company.

A certified 43-101 is the same as an appraisal on a house, it is done by an independent qualified and licensed individual to assess value of the item. Hence the cornerstone for value and capital raising.

A major point to watch out for here is who ponies up the millions to execute mine startup.. the more major the playa the more major the share price will be.