RE: RE: RE: RE: RE: RE: RE: RE: 43-101 and NUX goiSo are you trying to relate this area to Red Lake - on of the worlds largest mining camps LOL LOL. I was interested what you had to say until I heard that. First off, the Red Lake Camp is in Archean rocks, this area is in Paleozoic rocks. Second, the Red Lake Camp is in a Greenstone Belt. Third, The Campbell Mine (now Goldcorp's holding) has significant ultamafic intrusives assoiciated with the paragenetic history of gold emplacement. These are major defining factors of the Red Lake Camp that are completely different then where this deposit is.
Relating any deposit to Red Lake deposits is an instant red flag of a promotor. Too bad, you sound like you know a bit about ore deposits.
Rather than acting like an academic (who the mass majority of which have never discovered a mineral deposit) it would be nice to hear when a bankable feasibility study will be undertaken. Since people are saying there is enough Measured Resource it should be time then to initiate a Feasibility study to turn that Measured Resource into a Reserve Nes Pas?
Don't try to call me down as a basher, I am doing my Due Diligence prior to making an investment decision. I almost re-purchased this stock about a month ago until I did a final check and found out that:
1. The BC Securities Exchange made the company retract a Technical Report,
2. I heard on the street that a drill contractor threatened to sue this company for 9 million dollars (a rumour on the street),
3. They went through 2 presidents in under a year,
4. The mines inspector is not please with them (again, rumours on the street),
5. They have not published any significant results as yet.
These are suggesting that a bit of a gong show is going on here and someone needs to step up and organize the place.
Please, I will not listen to defensive rebuttals as that is a sign of trying to hide a problem, but I will listen, eagerly, to intelligent discourse and insightful information as I still have some hope left for this company.
JMHO