TSXV:SLX.P - Post by User
Comment by
MudCreekeron Sep 15, 2011 6:14pm
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Post# 19047847
RE: RE: RE: RE: RE: Anonymous allegations on SLX
RE: RE: RE: RE: RE: Anonymous allegations on SLXIt could very well be that Alfred Little is trying to manipulate markets to make a profit. If so, they're not alone in that.
lol.
My point was that they are NOT anonymous. I have no idea how much credibility they should carry since I've never read anything of theirs before, but the fact that they identify themselves and make very specific claims puts it several levels above some anonymous internet poster yelling "fraud".
Do high profile Chinese resource companies usually have their independent 43-101 reports done by a couple of retired geologists who have no office, no staff, no business license, who can't speak or read Chinese, rather than a company with a great reputation that has experience in the area? Doesn't mean anything is wrong, but it is at least a little unusual, and if something WAS wrong, it's kind of what you'd expect to see.
You're right that analyzing spilled ore and counting trucks are low credibility methods. But, if (big bold if there) fraud is going on, do you really think that asking managment for samples would get you something representative to analyze? Think Bre-ex wouldn't have figured out how to handle that kind of request?
It will all play out. Someone is clearly engaged in nasty no-good shenanigans here. Either SVM or Little - I have no idea which, but I'll be watching with interest.