OTCQX:BGMZF - Post by User
Comment by
RedHorizonon Jul 12, 2012 8:34pm
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Post# 20109069
RE: BGM vs Rubicon & BCSC Actions...
RE: BGM vs Rubicon & BCSC Actions... You are correct 2Guys. In fact, BGM has 45 days to file the final 43-101 after the initial news release came out. I have been told that BGM's attorneys have contacted the BCSC about the BCSC's aggressive action here. Not sure what they can do, but I do believe the BCSC acted prematurely.
Peter George's position is that all of the BCSC's questions will be answered within the 43-101 itself, and in fact the BCSC has made several false assumptions in the questions they have asked. It may be of interest to review the following commentary from Mineweb:
The Company has indicated it will file a complete draft NI 43-101 compliant technical report with the BCSC as soon as possible to respond to the BCSC's specific concerns, and is working diligently with Mr. George to provide the same. The Company, in discussion with Mr. George, is confident that the supporting appendices to his draft technical report; which had not been completed and provided to the BCSC in the first instance; will adequately address the recent comments from the BCSC.
GLTA Longs