First off, I CLEARLY stated, "That makes them an Exploration Stage company."
It was bolded and in RED
I don't know how you missed that.
They have disclosed NO development of the property. The only disclosure is of PLANS to begin gravity mapping in the future!
More from IG 7.....
(b) Mining Operations Disclosure. Furnish the following information as to each of the mines, plants and other significant properties owned or operated, or presently intended to be owned or operated, by the registrant:
[Sections 1-3 omitted by me for brevity]
(4)(i) A brief description of the present condition of the property, the work completed by the registrant on the property, the registrants proposed program of exploration and development, and the current state of exploration and/or development of the property. Mines should be identified as either open-pit or underground. If the property is without known reserves and the proposed program is exploratory in nature, a statement to that effect shall be made;
(ii) The age, details as to modernization and physical condition of the plant and equipment, including subsurface improvements and equipment. Further, the total cost for each property and its associated plant and equipment should be stated. The source of power utilized with respect to each property should also be disclosed.
Where is this information? Can you provide a link please?
Enough for now but more later.
AI
