RE:RE:RE:RE:New HPQ Interview Videostocknews101 wrote: kade1 wrote: A revision in the NI 43-101 as result of this new discovery seems reasonable, even if it is a convenient excuse for the very slow progress by the exchange and all involved.
The discovery of the fault at the exact location of maximum gold recovery from the property, significantly increases the probability that there is indeed a hard rock source on the property, and it is almost certain to be found in the fault location. This is really huge news, which seems to have been totally overlooked by most.
It seems very likely that the placer gold found scattered all around this area came from the fault during some past earthquake perhaps.
Not much searching needed to find the most likely spot to look for the hard rock source now, in my honest opinion.
It Would be good to hear from people who know more about this, any experts out there?
KD
Does this fault add value? Enough so that it requires changes to the 43-101. It isn't value until it is known that the hard rock source is linked to the fault. Did it add value before that there may be a fault. Why does the exchange require a very convenient excuse.
Yes, the fault adds value.
The existence of the fault was not known previously, it was just discovered.
Try doing some digging, you may be pleased by what you learn.