Why would MDMN's mention of the exploration program resulting in an 43-101 compliant report be considered a "gem" (sarcasm noted)? I would think a mining company that heretofore has never had an NI 43-101 report on its property should be dutifully recognized for moving in the direction of NI 43-101 compliance. What is the other option you suggest?...just drill away and report their resource estimates without an NI 43-101?
And as an FYI, the drilling and exploration program and NI 43-101 report will be completely done by Amarant Mining. Alto de Lipangue is their gig now. MDMN merely holds a 15% free carried interest in the property.
It's one thing when a company claims an NI 43-101 compliant report when none exists...or uses NI 43-101 terminology in their PRs when their resource classifications haven't been filed using that reporting standard. However, it's quite another thing when a mining company merely announces that their upcoming drilling and exploration program will result in an NI 43-101 compliant report.
There certainly are plenty of things to criticize MDMN about. You don't need to fabricate a "gotcha" that isn't there.
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