RE: re:news 43-101 etc
Publication of the 43-101 provides formal disclosure of the initial accurate estimates of a mining company's resource, and is 'supposed' to be written by an experienced professional. The 43-101 can be used to hold the authors of the report and the company directors accountable for the accuracy and truth of the results.
The 43-101 was created as a responce to several scandals in the mining community - one such example being Bre-X.
The BC Securities Commission regulates the 43-101 technical report for companies located in BC.
A company that fails to provide an accurate report can be subject to a CTO (Cease Trade Order) - which is a significant penalty of consequence for a publicly held company.
Therefore, investors tend to have considerable faith in the validity of a 43-101, and a number of investment companies have rules that do not allow them to invest (or make recommendations to others..) until a 43-101 is made available.
Therefore, the publication of the 43-101 is frequently the point at which serious & significant investors can start to take a position. Now, there's still a long way to go..but this is a milestone for our little company...
Perhaps Swami can elaborate (or correct me..) on this a little more ( a little? who am i kidding..)