More on the 43-101 I was told by Fraser yesterday that Norman Anderson worked directly with Peter George to analyze the projects at the site locations for a full week. Norman Anderson is fully aware of the assumptions being used in the 43-101 by PG and "supports them 100%".
Who is Norman Anderson? Our new board member has the following credentials:
Former CEO of Homestake Mining, one of the most successful gold miners in the history of the industry.
He is also former CEO of Cominco which has become "Canada's largest diversified resources company" according to wikipedia. See the entry for Teck Cominco.
He is also former CEO of Hudbay Minerals.
He is also a member of the Board of Directors of TD Bank. Not a bank known for reckless business activity like some US financial institutions.
Consequently, it is likely that he has more experience reviewing and analyzing 43-101's than 99.99% of the people on planet Earth. If he supports the assumptions used by Peter George in the 43-101, then that is good enough for me.
I bought more shares of BGM yesterday.