Many strange biews of the situation 1. You do NOT NEED a feasability study to mine a quarry. You do, however as we found out, need to notify the public that there are risks associated in doing so.
2. The 43-101 never HAD to be done to do the qaurry, and echange approval was never required. The 43-101 was only done due to the fact that the financiers of the second tranche required it before they put the money in.
3. The person who did the 43-101 made some errors and the BCSC wanted them corrected. This is being done now. Once done, the financiers will hopefully close the financing.
4. The work on the property has not stopped. The company has enough cash to continue uninterrupted for a while longer (about 200k mare I think)
5. The new president was found by the financiers to replace Naughty. Naughty has pregnancy issues with his wife, and could not spend the time required to continue as acting president.
What happens to the stock price next week should be intersting. I wouldn't be so sure it goes down from here. It did close strong on Friday and soon the shorts will have to cover as well. Time will tell. Just keep looking for the facts instead of all the noise surrounding the issues that people like to make. If you look closely it is always the guys from AUA that are bashing due to ??? God luck to all next week. Hope you make the right decisions.