Friday, October 14, 2011 7:24:46 PM
As far as its content I disagree, the overall problem is that the original report it is based on cannot be confirmed thus why more drill holes were wanted. If the information contained showed that the targets were in fact rich then why would Timberline request more holes to redefine the targets? All it does is confirm there is possible and or potential content, it does not confirm content, which is what the NI43-101 standard is all about.
As far as I am concerned they were misleading investors for a quick pop and nothing more. I understand dilution is a necessary component in business growth, but to mislead in order to keep the doors open is just plain illegal and nothing more.
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