OTCPK:FRSAF - Post by User
Comment by
Gaberlunzieon Dec 27, 2011 7:22pm
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Post# 19353226
RE: FAU - 43-101? What happened?
RE: FAU - 43-101? What happened? I share your view in wondering how any group of direcrors could feel they were acting responsibly in approving mine start-up without proven ore reserves. We need to hear from them. The previous operator's experience demonstated that the ore is difficult to block-out, mine and treat. One feature seldom mentioned is the presence of soltion cavities in the ore down which, after rain, surface water passes on is way to the water table. These openings should have been mapped so their downward projections can be plotted on maps. I dont see them on anything in press releases. I've not been near the mine but do read what I can about it. My sense is that there has been a lot of incompetant work done here. Perhaps I am wrong but the evidence is suggestive. Warnings and suggestions in the 43-101 reports appear to have been ignored.