RE: RE: RE: RE: RE: Crocky and 43-101sKN,
For the purpose of our discussion I was trying to distinguish between companys who do or do not have a chance in hell of getting the money to build a mine without 43-101 Resource and Reserve documentation. For Shore the terminology is one and the same eg. "The NI 43-101 Technical Report that documents the Pre-Feasibility Study ("PFS") and Mineral Reserve Estimate on the Star Kimberlite has been filed on SEDAR. "
Our only measure of comparison is with the NWT mines where majors not listed on the TSX built the mines. Granted , MPV did have to complete their own Feasibility Study but with De Beers backing the mine and owning 51% it was a lot easier. Shore Gold's 43-101 Feasibility Study is a first for Canada. It may still not get them the cash though. Risk aversion is quite a bit higher now.
Crocky