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


To: TobagoJack who wrote (95310)10/7/2012 6:12:00 PM
From: average joe  Respond to of 219487
 
The JORC regulations are similar to the NI regulations in Canada. In Canada to write a 43-101 you not only need credentials and belong to the proper associations you also require 5-7 years expertise in the commodity you are writing about. These regs are of course only for publicly trading companies.

We now pre-prepare a 43-101 type report for any property we have that is to get optioned out or sold. It makes the property a lot more valuable for a purchaser to have this initial leg work done.

It is a good idea to have properly defined terms in a mining joint venture agreement especially when it comes to royalties.

A lot of people get the term Option and Agreement confused so it is a good idea to make sure that when your option is over your agreement is still in full force and effect.

lss.andornot.com
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