HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: NOTs Sedar Report just out....
7
Jul 20, 2012 03:06PM

"standard terminology ,IMO."

Yes I think so too. Also interesting is the next standard issue:

"The Company has successfully raised financing to date to continue as a going concern, however, there can be no assurance that it will be able to do so in the foreseeable future. As a result, given these material uncertainties, there may be significant doubt regarding the going concern assumption and accordingly, the use ultimately of accounting principles applicable to a going concern."

Any takers on the significance of the the last line concerning the useability of accounting priniciples on a going concern?

7
Jul 20, 2012 04:52PM
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Jul 20, 2012 05:51PM
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Jul 20, 2012 06:16PM
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