posted on
Apr 11, 2008 02:30AM
I can only speak for myself and my post on this issue. I put forward the opinion that the timing of a 43-101 had to be strategic and that while NOT was still discovering ore it would not be in anyones best interest to prepare such a report prematurely and leave out tonnage that could enhance our value. A 43-101 is not only needed eventually but is essential. When you see companies release their resourse allocations, they show proven reserves and inferred reserves. It takes a lot of holes to have a professional geoscientist to sign off on the proven category. All I am saying is we have to be patient while this work is being done. It appears to me that NOT has good experienced consultants in geology and financial planning and I am prepared to wait and trust their judgement.