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Message: NI 43-101 Don't bet the farm... yet

NI 43-101 Don't bet the farm... yet

posted on Nov 30, 2009 08:54AM

Seems that the last NR left many on this board in a state of shock. I also perceive a sense of desparation as people keep praying that the next NR (or the one after that) will be the one to boost the sp. Many people are looking at the pending NI 43-101 report as the saviour of the sp. Don't bank on it. The report will be dissapointing for many because it won't be 1 million ounces and, thus, won't make create a lot of hype. In fact, there will be some backlash as many people (many on this site) cry "Is that all!!??" It's important to stay focused and remember that the report is a living document and the numbers (1 million ounces +) will increase... eventually as the project is expanded and cores are added to the pile.

If you don't have the patience or the stomach to wait, or are hoping for a spectacular glory hole then sell now because you're waisting your time and your money.

Sam

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