RE: RE: RE: RE: RE: baseball17 & easycoder famar
My "Forward Looking Statement" was a paraphrase of the Company's "Forward Looking Statement".
Like you, I would much prefer to witness positive affirmation of the Company's NI 43-101 Reports.
Regarding the support of this stock; unlike many who exited, (perhaps at a loss) last week, after the news release, I bought another 50,000 shares. This transaction was completed, knowing, being aware of the sudden reduction of project assets. This transaction was completed with the belief that success would somehow prevail. This transaction was completed knowing and being aware of the Company's "Forward Looking Statement".
"Therefore you should but a clause at the bottom of your post in the future"
Your quote above,,,,,,,,,
The clause that you mention, that you want me to add to my posts, is not my warning, it's the Company's warning..... I merely reminded everyone that it is there, it exists. I think you should turn your wrath towards those in the Company that did not perform as they should have.
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February 2006 NI 43-101 – Sedar Filing March 1, 2006
Prepared by
F. HOLCAPEK, P.ENG. GEOLOGY
This report is based on the exploration conducted during the period May 2000 to Dec 2005 by Cream Minerals De Mexico S.A. De C.V. The program was executed by the writer and others under his direct supervision. To understand the geological characteristics of epithermal gold – silver deposits located in Nayarit the writer visited numerous old mines, prospects or showing. He has directed exploration programs on Mina Miravalle 1987, Bonanza 1987 & 1999, Buena Suerte 1988, Monterey 1988, San Jose 1988, Estrella 1998, Tajo de Oro 1999, La Fenix prospect 2004 – 2005, Nuevo Milenio 2000 - 2005,. All of the above are Epithermal Low Sulphidation gold – silver deposits.
The program of re-evaluation was cut short because of shortage of money. Numerous shafts and other areas of old workings were not opened for that reason, but the results obtained as of December 2005 support a calculated Inferred Mineral Resources according to the definition as adopted by the CIM Council in Dec 2005.
For a more comprehensive description of the geological setting and information on the other known mineralized zones located on the Nuevo Milenio property the reader is referred to: “Geological Report on the Nuevo Milenio Gold – Silver Project, Municipality of Xalisco, Tepic Area, Nayarit State, Mexico, Latitude: 21o, 21’35” North, Longitude: 104o46’53”West, prepared for Cream Minerals Ltd. by Henry M. Meixner dated September 28, 2003”. This report is in compliance with NI 43-101 and NI 43-101F and was used as a supporting document and filed with the British Columbia Security Commission and the TSX Venture Exchange on Oct 23, 2003.
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March 1, 2006 MD&A – Sedar Filing
(Mentions February 2006 NI 43-101 Report)
MD&A contains the following “Forward Looking Statement”
Caution on Forward-Looking Information
This MD&A includes forward-looking statements, such as estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
While Mr. Holcapek may blame 'lack of funds' for the short-comings in the February 2006 NI 43-101, (see above) IMO he cannot be excused for building the Revised December 2008 NI 43-101, using his first NI 43-101 as the foundation.
I would also remind investors that Frank Lang was the CEO when the first NI 43-101 was released and also when the Revised NI 43-101 was prepared.