RE:NI 43-101 Report will be done rapidlyI am sure Stans traders and maybe some longer-term holders are happy with last week’s sp moves. All power to those who have profited. However, from the long-term perspective there are several dangers to consider.
Stans has no money presently to conduct further progress. Hence, they place the funding for the MMRE in the Russian entity’s hands. Note, the JORC was prepared 7 years ago and apparently is based on just 18 holes. Do not necessarily expect an easy swap to an NI 43-101 re., the CAD exchange. All the past problems Stans had with the TSXV may well come back to haunt them, if they have to go back to the exchange for document ratification, etc.
In fact, as far as I am aware (maybe wrong?) the Russian TradePromService is not an exchange listed entity and would not fall under the concept of ‘dual listed’ entities for tech' report interchangeability. Further, there is no data provided by Stans on TPS, other than it is an LLC; usually such a description is included in a release’s entity descriptions.
Also, Stans does not say that TPS itself holds the licenses to the potash project. After the problems Stans had with its last Russian project re., legal DD in Russia and verifiable license holding, we should not jump to early conclusions. This MOC has a long way to go and a lot of hurdles to surmount. Hence the 'safe harbour' provision.
However, GLTA re., the present trading momentum.
https://twitter.com/EarthsRare