Really? And you say you are an Accountant?
For Whom?
I worked as a Manager for KPMG in their technical Audit group (I am an engineer) and I have no idea what you are trying to imply with this strange post...
I remember an Audit of a mining company in Colorado that took nearly 11 months to complete...
This Sarissa audit was only Announced by Sarissa a few weeks ago...
Are you actually trying to say that the First true audit of the newly created Sarissa Resources should be Published by Now???
OK, I have participated in hundreds of audits, on both sides of the house, and there is No Way this audit should be done by now... Not properly at any rate...
I do not think it will take long, but the company asked for this audit, not any governnment agency... In other words, this was not a Forced audit just an audit that Scott decided was prudent to have done as part of his own DD.
I am sure Sarissa will have this report published as soon as they can, probably quite soon, but to say it should have been out by now is silly...
The Hawkins Report was the most important task. Without it the Audit is a waste of time and energy.
Now that this report is out and public, the Audit report is next and everything else follows...
This is yet another irresponsible negative post (Ala MrAnderson... Is that you????) from someone who appears to want this stock to go down instead of up...
'moojer' said:
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As an Accountant, IMO, it does not take a month to issue an audited financial report...The balance sheet is there for all the taking? Either you have the assets or not?
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Also, this is not just a "Balance Sheet" this is an Full Audit. So much more than just a printout of a balance sheet I would imagine.
Many people have stated what they believe is the timeline already, but for those who joined recently; (IMHO)
1. Hawk(ins) Report - Out Today 5/20/2008 (Mark This Day!)
2. Audit Report - next few weeks (?)
3. Scott (and company) make decision on JV or get Capitol and go ahead with test drills on their own
4. Test drills and follow-up reports give NI 43-101 Compliance
5. Mining Starts
6. We find out that Money grows in Mines (not on trees)
7. Some capitol (profit) from Nemegosenda mining operations go back into other site testing and development
8. Retirement...
Again folks, please do not listen to one-liners from people like this. Most of these people just trying to get you to sell and drive the PPS down. Do not take their bait...
Look at the real posts from the poeple who have been on this company for 6 months or more, watch the companies website, get on their mailing list and do your DD...
Cheers,
ThegoodlifeGeo
"The fellow that agrees with everything you say is either a fool or he is getting ready to skin you."
-Kin Hubbard
AI
