Comstock Inc (LODE): National Instrument 43-101 (NI 43-101) i...

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Re: allchipin post# 5578

Friday, 07/18/2008 2:43:54 PM

Friday, July 18, 2008 2:43:54 PM

National Instrument 43-101 (NI 43-101) is a mineral resource classification and is a national instrument for the Standards of Disclosure for Mineral Projects with the Canadian Securities Administrators. The NI is a strict guideline for how public Canadian companies can disclose scientific and technical information about mineral projects. Disclosures include press releases, presentations, oral comments, and websites.

The instrument requires that a "qualified person" be attributed to the information. A qualified person is defined as:

an engineer or geoscientist with at least 5 years experience in the mineral resources field
a subject matter expert in the mineral resources field and has a professional association

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

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