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Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals
Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd
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Comment by kjs4381on Feb 28, 2011 8:37pm
381 Views
Post# 18208898

RE: RE: CEO paid 3 million

RE: RE: CEO paid 3 millione company wasunable to reconcile the results of the internal review, whichincorporated various resource estimation methodologies, with thereported 43-101 resources announced in October, 2010. Dr. Michelle Stone,PhD, PGeo, a qualified person as defined by National Instrument 43-101, was theauthor of the 43-101 report.

When I read this part of the release it says to me that the company using the numbers  and whatever  methology they used didn't come up with the same numbers.  I suppose there may be a few different methologies that are used but you would think it would be one standard metholgy theat is recognized the world over as the standard and if there isn't there should be.  There is nothing to say that the methology that Michelle Stone used was wrong.  So until we hear different we have to hope hers was correct especially since it was verified. JMHO
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