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Re: Knuck42 post# 1740

Friday, 06/01/2012 11:54:09 PM

Friday, June 01, 2012 11:54:09 PM

Post# of 3562
"What is especially questionable is claiming reserves without the legal requirements to do so. They cannot legally call anything a "reserve" without a bankable feasibility study proving any mineralization is present AND can be extracted legally and economically. I see no bankable feasibility study here, especially if they are basing the "reserves" on a handful of almost 50-year old holes. If management doesn't understand the legal requirements of a reserve, they have absolutely no business running a public resource company. And, if they do understand the legal regulations and are still making these claims, they are clearly not qualified to run a public company for very obvious reasons."

Have you seen "a bankable feasibility study"? Can you please supply a link to it?
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