The NI 43-101 that SNEY apparently has on its recently acquired concessions via Allied seems to be crucial in establishing the potential value of the lands in their control.
Can anyone please provide definitive proof of the merits of a NI 43-101 document in general, that SNEY really does have such a document in their possession, attached to lands they really do control and that it therefore will give them very strong options with regard to securing financing? Is there a link to the NI 43-101 document or other sorts of proof in favor of SNEY on this key issue? If this can be accomplished I think it is a no brainer to buy the farm on SNEY <.01
However...SNEY is not only <.01, the volume is slowing down (compared to where it was), the price is inching down, etc. Hoping for better days soon...
I think if the bulls can focus on the NI 43-101 issue, assuming it really does bode well for SNEY, it will make a big difference in helping to show why SNEY is such a great buy now.
I've heard claims about the NI 43-101, but I don't know that we've had very solid proof, links or otherwise have a knock down argument yet on this issue, as the Admiral has raised questions about it among others recently.
Thanks
