Replies to post #1673 on Mining Company research board

[1manband]

Sorry, but your argument holds no water.

First of all, neither MDMN nor Amarant is a Canadian company. Therefore, they cannot under any circumstances comply with NI 43-101, and are legally prohibited from claiming as such. Their claims are clearly fraudulent, just like it is 99.9% of the time a US company uses the term.

And for standards, the property location does not matter. Neither MDMN nor Amarant are reporting issuers in Chile. It only matters where they are domiciled and where their stock is registered. Neither is registered or trading in Canada.

Regardless of what MNDN's promotional material claims, NI 43-101 is NOT an "International Standard". It is a Canadian Standard only. And they cannot "follow those standards pre-emptively" as the cornerstone of the standard is that EVERYTHING prepared under the standard must be filed and reviewed by a CSA regulator. Without filing on SEDAR, it is impossible to do that.