43-101s are primarily to convince investors and funding sources. Investors, to raise the share price and make borrowing easier and less dilutive, and funding sources, to make borrowing easier/possible. Many funding sources won't finance without a 43-101, the same way banks won't provide a mortgage without an appraisal. But if the financing/joint venture/takeover involves another large mining company, they will have their own in house expertise to evaluate any data or information related to potential reserves, and they don't care if the information is in the form of a 43-101 or not. That's why you see large companies buying out explorers who have only a few drill results as long as the implications of the drill results are clear. I have said all along that SFMI would not need a 43-101 if they could get to production themselves (funded by private placements or by processing at least some high grade ore) or if any deal involved a major mining company. Any major will be able to look at the historical (and recent) results for WEM and know what the potential is.