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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: james flannigan who wrote (4786)11/22/2006 7:26:37 PM
From: Bloomfield  Read Replies (3) of 16204
 
James,

I'm a geologist too, and I would like to know if Patrick Evans is willing to go on the public record, and confirm diamond values cited by Dr. Goldie in his report.

Under NI 43-101 regulations, it is illegal for an officer or director of a company to make forward looking statements, even in confidence. If Patrick Evans is doing this, he is in violation of the law. I would also like to point out, James, that Dr. Goldie is not a "qualified person" in the legal sense of the definition, for the evaluation of this kimberlite property.

If Patrick Evans is telling you that these diamond values are in fact accurate, he should have no trouble making a public statement to that effect.

The Canadian Securities Administrators (CSA) have developed a rule called National Instrument 43-101 which governs how issuers can disclose scientific and technical information about mineral projects to the public. "NI 43-101" is administered by the provincial securities commissions, and covers verbal and written communications (including documents and websites). In general it requires that any disclosure be based on advice from a "qualified person" (QP) who must, in some cases, be independent of the issuer and the property.

Yours truly, Bloomfield
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