RE:RE:RE:RE:RE:RE:NGTG interviewCSK,
I do recall reading that Cunninghsam was planning a mining nugget trap on a very small scale (a few tonnes a day maybe?). Its likely an amount that negates the need for an actual mine permit if just temporary. But I agree , THERE IS NO WAY NUGGTET TRAP IS FULL PERMITTED. THAT WOULD TAKE YEARS FOR ENVIROMENTAL ASSESSMENT ALONE. But as I said, if you are below a threshold, some activity likely aloud. I doubt have the patience to dig up what Cunninghsam actually wrote.
As for Ryans assertian that there is proven Gold at Nugget Trap? False. THere is not even a 43-101 resource as you noted.
As for Ryans assertion that their is 6M oz of proven gold in AMK? False. Their is a Resource (43-101) but Ryan chooses, as he seems to always do on past incorrect disclosure, to refere to M&I as "proven" when he knows "proven" & "probable' are used to describe "reserves" and AMK has NO reserves. If you look at some CNRC NRs, you will note they refer to Nugget trap as having proven reserves WHICH IS FALSE.
The call was in line with the same behaviour we have seen in this rumper flumper as well as past deals of the century from CNRC..............whose market cap is still only a few million.......depite the massive dilution year after eyar.....
cskhurasu wrote: Cunningham claims that they have a permit to start mining the "Proven" gold at the Nugget Trap Placer claim they say they own and they will start production next summer. They also talk about the "Proven" gold at Treaty Creek. These appear to be false and deceptive statements imo. There is no proven anything at Nugget Trap or TC. Proven is a 43-101 defined term requiring a report of real, specific work by qualified, independent people.
Do they have a permit to mine Nugget Trap? Let's see the proof.
I'm surprised anyone can believe they will close the AMK deal when they make these kinds of claims. Someone should report them to the BCSC or OSC. This is exactly the stuff the 43-101 rules were established to prevent and punish.