InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: 1manband post# 64585

Sunday, 05/12/2013 8:42:46 PM

Sunday, May 12, 2013 8:42:46 PM

Post# of 67010
I think we agree on most points. Though I am still curious what is the exact prohibition against NI43-101 reports. What is ludricous is after CFO went to all these lengths to impress people that they had prepared a NI43-101 report he then (a) tries to qualify by saying it was prepared according to NI43-101 criteria using wording the conceivably could mean he didnt actually claim a NI43-101 report (b) then the wording contained in the press release showed he didnt evidently understand much about the NI43-101 requirements and guidelines in the first place.

Agree mill not re-opening this year even if they received the permit without conditions as they have quoted $3 million to re-open , and I cant see anyone financing this company with $3 million at this point.

I also brought up the lack of any indication of a steady supply of mill feed. I have no way of judging the potential economics of the exploration properties, though normally one would expect them to be several years away - at best- from production.

But the CFO probably will still try to make a living still, so will be interesting what is the next story he will pitch !
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.