RE:The Downfall of Florida Canyon Stock Forgot to mention...
The previous NI 43-101 the company released was bogus, given that the operations at the Magino mine did not meet the standards outlined in the technical report.
I would advise approaching the technical report for FC with skepticism (I would even go as far as recommending a block of salt, not just a grain).
The last time the company promised to release an updated technical report, they failed to do so and offered excuses for the delay.
I anticipate that the release will either be non-existent or significantly delayed.
Maintain minimal expectations as this company’s management tends to prioritize their own interests over those of the investors.