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Message: Re: Reporting of holes
2
Nov 11, 2009 08:11AM

Re: Reporting of holes

posted on Nov 11, 2009 03:53PM

From my experience, i dont think that a compny HAS to report all holes. However, I would think, when a 43-101 report is published, all hole data must be published if they are part of the report.

SO, you may not see any drill hol data until the 43-101 is published.

I was invested in a company (and am now back in) that is exploring property next to OSK. Before OSK made it big this company had several drill holes with what they thought were insignificant at the time. Once OSK became a future miner, the results were published and not too different. Since then they have expanded the property and this company looks to be potentially as good or better than OSK.

bottom line, if the company doesn't think the results are worthy of reporting they don't have to publish them. In fact, they don't think really don't have to report anything. In practice it would make sense that they do publish relavent drill hole data lest they run into problems of profiting from insider information among other things.

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Nov 11, 2009 08:22PM

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