PINL:VLTAF - Post by User
Post by
ALLEN4on Jun 21, 2010 12:57pm
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Post# 17207314
NI43-101 Prize Clarification
NI43-101 Prize Clarification Just to avoid any confusion: I notice that when companies have a completed NI43-101 there is first a news release which summarizes its contents, and then refers to the actual NI43-101 document being available on the website, or being subsequently available. I am most interested in the initial news release by Volta which will summarize the NI43-101 because that will be when the cat is out of the bag so to speak. Therefore, to be clear, the modest prize offered, just for fun is based on the first posting by the company of the summary of the NI43-101 contents, not the NI43-101 itself.
I think the focus to some extent on this board has been on the precise number of ounces that will be contained in the NI43-101 document and I suggest that this might be misguided, since the portion of Kiaka which will be contained in the NI43-101 is unclear at least in some respects to most of us here on the board. The NI43-101, based on my reading of such documents from other companies, will provide information about the quality of the gold, the economics of extracting it, the surrounding property and prospects for further exploration. Given all of that, and the fact that the drilling results have exceeded expectations, I expect that the release of the NI43-101 will be a very positive event for Volta.