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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (92726)7/20/2012 3:40:14 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 219954
 
then it's unethical that some dumb bureaucrat

In Toronto one is supposed to have a permit to change a light switch :o(



To: Maurice Winn who wrote (92726)7/20/2012 4:34:55 PM
From: average joe  Respond to of 219954
 
There was a big mining scam up here a few years ago we were peripherally involved with. The lawyers were sweating bullets until they realized they could rely on a NI 43-101 report. It was an obvious fraud from day one but the lawyers were quick to rely on other experts to cover their own ineptitude.

However, some lawyers are being sued on a similar deal for approving a fraudulent tax shelter that had a NI 43-101 written by a Montana geologist that had no credentials to write a report on a Canadian project.

royalcrowngoldreserve.com

Some geologists have made buckets of money writing these cookie cutter reports. There is a stipulation in the guidelines that the geo has to visit the property even if it is covered by 100 metres of limestone and the only promising thing is an EM conductor running underneath it.

"National Instrument 43-101 (the "NI 43-101" or the "NI") is a mineral resource classification scheme used for the public disclosure of information relating to mineral properties in Canada. The NI is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators."

en.wikipedia.org