hulkster, get off this forum with your misinformation, or research before you post. It may very well be you that is the novice investor.

The 43-101 standards follow the JORC Code implimented by Australia, I suggest you read this important portion of the 43-101, or why not read it all, so you may become better informed, it applies to Canadian companies, and please read it thoroughly to see how many errors you can find that SLI management might have made. :)

(2) Except as provided in section 3.5, ifIf an issuer discloses in writing sample, analytical or testtesting results on a property material to the issuer, the issuer must include in the written disclosure, with respect to the results being disclosed,

(a) a summary description of the geology, mineral occurrenceslocation and nature of mineralization found;

(b) a summary description of rock types, geological controls and dimensions of mineralized zones, and the identification of any significantly higher grade intervals within a lower grade intersection;

(c) the location, number, type , nature and spacing or density of the samples collected and the location and dimensions of the area sampled;

(b) the location, azimuth, and dip of the drill holes and the depth of the sample intervals;

(c) a summary of the relevant analytical values, widths, and to the extent known, the true widths of the mineralized zone;

(d) the results of any significantly higher grade intervals within a lower grade intersection;

(e) any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to in this subsection; and

(ef) a summary description of the type of analytical or testing procedures utilized, sample size, the name and location of each analytical or testing laboratory used, and any relationship of the laboratory to the issuer; and.

(f) a summary of the relevant analytical values, widths and, to the extent known to the issuer, the true widths of the mineralized zone.

http://www.osc.gov.on.ca/en/SecuritiesLaw_ni_20110408_43-101_repeal-replacement.htm#43101

http://www.jorc.org/docs/jorc_code2012.pdf