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Re: Spanky227 post# 47876

Sunday, 10/20/2013 10:40:53 AM

Sunday, October 20, 2013 10:40:53 AM

Post# of 130157
NBRI. There is a lot of misinformation being thrown around here. Can anyone here post a link to any announcement somewhere that the SEC approved a geological report anywhere? The SEC has a set of guidelines of what a company can say or not say in its filings and tells them to change it if it doesnt meet the guidelines. Anything said in a 10K or 8K that is not amended later is approved automatically by definition. This Guide 7 thing talked about is over 30 years old and obsolete. No one except the SEC pays attention to it and Ive never seen a report from a mining company that only uses Guide 7 and not NI43101 and would like someone to post a link if one exists somewhere. The rest of the world goes by NI43101 which the SEC wont recognize. The rest of the world also uses the metric system but not the US. Go figure.