GREY:ABGPF - Post by User
Comment by
Realist2018on Jan 03, 2018 3:33pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
179 Views
Post# 27273448
RE:RE:RE:Questions
RE:RE:RE:QuestionsBUT, Dunite – if graphite cons meeting all necessary criteria are sourced from increasingly available and lower cost world supplies, perhaps via offtake (shoe on other foot) there’s no need for geology or PG signoff.
All the money comes from value-added processing. So I say focus (not FMS.v, but why not if it can deliver the needed goods at the right price?) on that.
Sometimes confusion exists as to what NI43-101 compliant really means. It’s a Canadian Instrument which requires acceptance by a Canadian Exchange in order to be compliant. It requires specific Certificate statements from its authors which help shield directors and management from liability under Canada law. It’s more than a NR “blessing”, it means accepting legal responsibility for the contents of the report.
I am not familiar with Alabama law, but know that the strictly described NI43-101 “format” is published and can be followed by anyone. It’s not bad for the proper things. However because it’s mostly about resources, reserves, QA/QC and other matters that applied to the Bre-X fiasco, it’s simply not a good fit for a technology company, which is what CSPG tried to be.
Without a path to follow, NI43-101 became a trap for Canada-listed CSPG. It required CSPG to spend dollars and attention on Coosa, when the real value proposition is the purification experience. Once Westwater acquires CSPG’s technology and Rolodex of contacts (one or more of which might be keen to know they no longer have to wait for feasibility and financing of a mine to receive cspg), the Tide might finally Roll.