Replies to post #9890 on Dutch Gold Resources Inc. (fka DGRI)

[$UPERMAN]

DGRI has NI 43-101

Yep and that makes at least 5 Million Ounces Proven Reserves. DGRI, How much money is that worth??

[tvmetguy]

you only do a 43-101 if you are looking for financing out of the country of canada...thats all! If you don't need money you don't do one. Look at Barrick or Newmont who the other large gold producers, they don't do any of these reports because they don't need financing.

Also, the 43-101 is not what the SEC wants. The SEC wants whats called Guide 7.


The closest thing to that is the Guidelines established by the Society of Mining, Metallurgy and Exploration (the SME in the USA) are the ones you want if anything.

http://www.smenet.org/resourcesAndReserves/Sme_Guide_for_Reporting_Exploration_Results_2007.pdf