Replies to post #1674 on Mining Company research board

[Hurricane_Rick]

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.

You're chewing on the wrong bone. Again, "compliance" was my word, not theirs. And, as I explained previously, it was my shorthand for describing that they will be using NI 43-101 industry standards, guidelines etc. For example, the geologist will be a QP, they'll drill using the appropriate spacing for their intended resource classifications, they'll employ the proper QA/QC, etc.

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.

Yes, I understand that. And what if one of the soon-to-be-revealed ADL consortium members is Canadian listed?...which is a possibility. Certainly that Canadian company would want all of the geological work to be following NI 43-101 standards.

Regardless of what MNDN's promotional material claims, NI 43-101 is NOT an "International Standard".

Yes, you've made that point already. Regardless of its Canadian applicability, it is undeniably a widely accepted industry standard.

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.

As I said above, they certainly can ensure that they are following standards, protocols, guidelines, etc. that are within their control and are not subject to CSA bureaucracy. I imagine the QP could create a report that contains the exact same sections as an NI 43-101 to follow that convention. This would certainly expedite the filing process if Amarant or Medinah or any of the consortium partners intend to list on a Canadian exchange.