RE: RE: RE: RE: RE: RE: 3077 gone already FastTrade,
A 25,000 ounce loss of gold in situ IS a major reduction. No one said the mistake was intentional but it doesn't have to be.
Anyone trying to do due diligence is going to refer to the latest data. If there is a discrepancy between the newest data availiable to investors and what was disclosed earlier the burden lies with the company to get it right. Few would require an investor doing due diligence to go back, read every document and somehow gleen from a reading what was correct and what wasn't. That is one of the primary reasons for the NI43-101.
Again, I doubt the company intentionally misled anyone but the fact of the matter is that more than a few investors relied on the fact that there was a lot more gold in the Indicated and Inferred than there is. More than $40,000,000 less gold. That's a lot considering this company has very low 'reserves'. Even using their rosy projections of producing 50,000 ounces per year that's six month of production. Based on what they've actually been producing, it's far more that six month of production
By the way, aren't we due for another shipment of concentrate soon? It's been more than a month.