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Re: MUDbone1 post# 182

Saturday, 08/17/2013 10:58:17 PM

Saturday, August 17, 2013 10:58:17 PM

Post# of 288
The off the cuff response is along the lines of how the BCSC has turned the resource calculating world on its EAR up there in Canada with the regulatory bullshit/shennigans pulled on Barkerville resource and the shareholders for over 1 year now since a N43-101 report was issued and somebody got upset and yanked on the regulators chain hollering "foul!!!!"

Everyone is muttering to each other who is under the filing requirements and regulatory scrutiny of BCSC. Companies are hiring Qualified Persons to double and triple check on existing Qualified Persons, twinning holes like there is no tomorrow, etc, doing check assays by another backed up to the gills reputable labe before counting even whispering about the nuggets atop the ground laying at the feet of the locals let alone professional geologists. Mere mention of "visible gold in a drill core" and you're automatically sent to timeout. This is all courtesy of Bre-X paranoia, and more.

The scientific field of Geology hasn't changed. But every resource modeling is done by computer algorithm nowadays. It's the wildwest shootout between computer modeling programs. It's easier to argue than just go get'er done.

And it is all to one end only in my opinion. That end is: to buy time for big money to starve out the marginal, underfunded, hanging on my their fingernails actual small producers, so that the big chess players casting their nets far and wide trying to out maneuver each other with their huge warchests of sequestered funds. Like Franco Nevada with their $2 BILLION acquisition purse, without even blinking, constantly being bragged about in live interview after live interview with the current CEO.

FRANCO doesn't care where the resource is, nor who the regulators are where. They just want the juiciest, regardless of "computer modeling noise factor."

I doubt there is a more nefarious climate in the history of natural precious pursuit than the days we are currently living in.

Debatung "Floating cone analysis""is just another name for "delay tactic du jour"

Those are my personal thoughts about this distinction w/out a difference nuanced gamesmanship.

Looking forward to more input from others up there in BCSC land. At least, SRCRF is in self-financing mode more or less now. Now THERE'S a distinction WITH a difference.