SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E. Charters who wrote (45257)7/19/2007 7:36:48 PM
From: stan_hughes  Read Replies (1) of 78420
 
C'mon Eric, you know exactly what this PR means.

1. the integrity of certain drill core samples was compromised = we found out they were salted

2. the Company hereby withdraws all its previously announced results = all that exploration work we did is NFG and we will have to re-drill, re-sample & re-assay everything all over again from square one, at enormous expense to the company, if in fact we can even do it at all, or there's no 43-101 resource

3. such results should not be relied upon = a self-serving statement intended to diminish the company's liability from this day forward -- a bit hollow, but better than nothing, because they sure can't do anything for anybody who has already relied on the previously published data

Now consider this: They had as much time as they needed to keep the stock halted and prepare their statement and detail the limitations and scope of the problem, and put it into perspective if it was minor, but they didn't do any of that -- that means this problem is totally open-ended. IMO they're screwed
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext