Selecting a QP that applies best practices...Two Master Investor Show 2022 QP presentation excerpts:
“Just to put in into perspective, the grades that were getting in the concentrates of the rare earths … in both Columbia and Brazil…. if it was a gold deposit it would be roughly …. about 10 ounces of gold per tonne material”,
How do you compare alluvial REE concentrate sample results to any gold deposit average grade except to mislead an audience by irresponsibly mixing big numbers into the narative?
“and verify on the ground these target areas … got between 50 and 59 percent total rare earths oxides in the ground”
Forgot to mention these results are from concentrates and those numbers do not represent original total sample concentration of the REE.
Various links:
https://www.globenewswire.com/news-release/2012/06/21/1477830/0/en/MGold-Responds-to-Dissident-Shareholder.html “…compensation paid to a company controlled by Mr. Joel Scodnick, MGold's Chief Executive Officer, are not justified…”
https://lautorite.qc.ca/en/general-public/media-centre/news/fiche-dactualites/late-insider-trading-reports-amf-sues-joel-scodnick-1 https://lautorite.qc.ca/en/general-public/media-centre/news/fiche-dactualites/late-insider-trading-reports-amf-sues-joel-scodnick-1 A QP that regularly signed off on news releases while stating in the release that the QP was not involved in the sampling etc ….
With a large pool of competent and ethical qualified geologists available to act as QP why did the company make this choice?