Replies to post #10402 on Supatcha Resources Inc. (SAEI)

[buccaneer1961]

whats the differance between 8k and 10k?

[f484]

[Big Money Maker]

Oh I see you are followed by five people. Tell me all you can you must know a lot. Not!!

[Boss810]

Funny how bashers love to twist things around...lol

First of all the samples were shipped to the FDS Laboratory (a certified analytical lab) in Almaty, Kazakhstan. Mr. Andrei Yasinskij a geological advisor for SAEIE received the findings from the laboratory and him as the qualified person in the company interpreted the findings from the lab. The samples were tested by a lab, no where does it said SAEI did their own testing. Regarding the conflict of interest in him being a Board of Directors and being the qualified person, that just don't make sense at all. In different industries, the company is required by law (ex. OSHA) to have qualified person in the company for a certain task. In construction, they need a "qualified person" to set up scaffold and take it down, so it's safe for their employees. This "qualified person" is the sole responsible if this scaffold is not set up correct and someone get hurt or dies.

A qualified person is defined in the National Instrument as:

-is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these;

-has experience relevant to the subject matter of the mineral project and the technical report; and

-is in good standing with a professional association and, in the case of a foreign association (is of recognised stature within that Organisation)

Second, I believe the 8K and the 10K was a typo. The 8K filed Dec 2009 was wrong in the new 10K filed February 2010 was corrected.

8K - 12/2009 (typo):
Nikolae Yagodka

Mr. Nikolae Yagodka is a seasoned mining industry veteran and project geologist. With distinguished mining and exploration career that has spanned 25 years and three continents, Mr. Yagodka has operated in key managerial roles -- encompassing mine development and construction management -- with prominent mining companies including 12 years in Kazakhstan with UC Samruk Kazyna Mining. While at UC as project geologist, Mr. Yagodka was responsible for all exploration activities, definition drill-out and resource studies that identified the UC Gold Mine.

Andrei B. Yasinskij

Mr. Andrei Yasinskij has a Masters Degree in Foreign Economic Relations from the Moscow Financial Institute. He is the Director General of Abakansky Holding Company, a major Russian private investment company which operates throughout Russia, Europe, Asia, and North America and who are significant shareholders of Angler Nickel and Mnogovershinnoye Gold. In the resource sector he has worked directly with both Angler and Mngovershinnoye and was formerly the Chairman of the Board of Dorozhnik Gold Corp. His strong business relationships and experience in Europe and the Former Soviet Union.

10k in July 2010 (Corrected):
Nikolae Yagodka
Secretary, Treasurer, CFO and Director

Mr. Nikolae Yagodka has a Masters Degree in Foreign Economic Relations from the Moscow Financial Institute. He is the Director General of Abakansky Holding Company, a major Russian private investment company which operates throughout Russia, Europe, Asia, and North America and who are significant shareholders of Angler Nickel and Mnogovershinnoye Gold. In the resource sector he has worked directly with both Angler and Mngovershinnoye and was formerly the Chairman of the Board of Dorozhnik Gold Corp. He has strong business relationships and experience in Europe and the Former Soviet Union.

Andrei B. Yasinskij
Chief Geological Advisor , Director

Mr. Andrei B. Yasinskij is a seasoned mining industry veteran and project geologist. With distinguished mining and exploration career that has spanned 25 years and three continents, Mr. Yasinskij has operated in key managerial roles — encompassing mine development and construction management — with prominent mining companies including 12 years in Kazakhstan with UC Samruk Kazyna Mining. While at UC as project geologist, Mr. Yasinskij was responsible for all exploration activities, definition drill-out and resource studies that identified the UC Gold Mine.


Third

The "raise substantial doubt about the company's ability to continue as a going conceren"...

Interesting how you forgot to mention the whole quote:

"Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due...There can be no assurance that the Company will be successful in obtaining such financing, or that it will attain positive cash flow from operations"

But "On April 7, 2010, the Company announced the execution of an agreement with Melco Investments, Ltd. (“MIL”), providing for a $10,000,000 financing."


Last but certainly not least,
You have never posted on this board in the past. You went through a few filings and tried to twist things around. Your loss if you sold and are trying to get in tomorrow...LOL