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Tom Orrow

09/09/13 7:53 AM

#134636 RE: dmbao #134635

"Nemegosenda Niobium Project: Ferro-Niobium Production Facility Pre-Feasibility Study (Phase 1)," currently being prepared for Nio-Star.

What is this report? Who is preparing it?
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supermegadope

09/09/13 8:46 AM

#134637 RE: dmbao #134635

There is no need for further Ad-Hoc drilling.



That is not what they told us in the past.

There is no current resource estimate on the Nemegosenda property. The 2010 Report makes a number of recommendations as steps toward the preparation of a NI 43-101-compliant resource estimate, which the Company is now working towards completing in collaboration with Billiken Management Services Inc. The 2010 Report also recommends a systematic geochemical exploration designed to fully assess the economic potential of other parts of the Nemegosenda complex, which exploration the Company will consider pursuing, subject to having the available financial and other resources.




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moojer

09/09/13 10:07 AM

#134644 RE: dmbao #134635

Then why did he issue Press Releases regarding audits and uplistings if he did not want to burden the company? Why did he not follow up as to why he failed at these items? Pinkie playbook is why.