GREY:VMSTF - Post by User
Post by
Shaggymaneon Jul 09, 2009 6:35pm
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Post# 16128451
43-101 Report.
43-101 Report.
There is a lot of discussion on the board as to the merits or shortcomings of VMS's exploration program and corporate decisions.Some of this is supportive but much of it indicates considerable frustration at the apparent slow pace of drilling at the expense of other work,ie,geophysics ,geological mapping,etc, and discussions with HBM on possible joint ventures/financing of future exploration and developmrent.
Personally I am supportive of the VMS team and the good work that they have done thus far.
HOWEVER, I am somewhat perplexed as to why there has been no 43-101 compliant ore reserve report to date.The there has been more than enough drilling and certainly plenty of time for the geologists to come up with such a report.
This begs the obvious question;why has this report not been produced?
I have asked this question directly to the VMS people and have not gotten a satisfactory answer.
SHAG