OTCPK:ASLRF - Post by User
Comment by
ACESoveron Mar 14, 2011 7:12pm
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Post# 18283999
RE: Recent NR
RE: Recent NRThere are rules in place for a reason and that is to protect the average retail investor and Venture Exchange listed companies are where a lot of investors get burnt. if you want to trade on the TSX Venture Exchange then management has to be aware of how to differentiate the categories. Looks like they were trying to get a bigger bang for their buck in not following the disclosure rules...not too bright.
"The company has disclosed resource estimates on the company's website and in the corporate presentation that did not separate each category of mineral resource and also combined inferred mineral resources with indicated mineral resources, both of which are contrary to National Instrument 43-101, standards of disclosure for mineral projects, Section 2.2(b) and Section 2.2(c)."
ACE$.