From my experience Tantallon, I have seen NI43-101s done in a low of 6 months to a high of 2 years but generally its about 9 months.I don't think the size of the project has anything to do with the length of time it takes to produce the NI43-101. There is considerable background information that is required as well as all the drill results. Maybe Whaler can shed some light on how many drill results are pending as I can't recall off the top of my head.
On another note, no that was not me Whaler buying at the end of the day. Seems whoever it was wants the stock to stay within a certain trading range. Sometimes this is done for takeover bids, for example, the offer is 30% premium on the average share price for the last 10 days, or funds trying to buoy their investments. Both highly illegal but catch them if you can. One thing for certain is the CSC waches for these things especially in the market conditions that have transpired over the past few weeks.
Still can not find that open pit article. Here are two links to what is involved in a NI43-101. The first is the official the sectnd more average Joe reading.
http://www.osc.gov.on.ca/Regulation/...
http://www.cim.org/committees/NI_43-...
v.