Wow must really have something out against us
Trio is not claiming reserves at all it has 3 rd party evaluation already 43 101 will be done based on results of drilling
I wish this would be based on fact not fiction obviously I appreciate your email
Thanks
Trio is not claiming reserves at all it has 3 rd party evaluation already 43 101 will be done based on results of drilling
I wish this would be based on fact not fiction obviously I appreciate your email
Thanks
Sent from my BlackBerry device on the Rogers Wireless Network
From: box@mail.com
Date: Sat, 27 Oct 2012 11:23:53 -0400
To: < sales@kmaglobalsolutions.com >
Subject: TRASHING TRIO&KMAG SHE UB
janice shell  |
Friday, October 26, 2012 10:37:47 PM | |||
| Re: kent3 post# 125217 | Post # of 125318 |
http://ad.doubleclick.net/adi/N3382.151895.IN...1497982843? <a rel="nofollow" href=" http://usas1.advfn.com/oasis/oasisc.php?s=43&...@mail.com" > <img src=" http://usas1.advfn.com/oasis/oasisi.php?s=43&...@mail.com" alt="" width="300" height="250" border="0" /></a>
supposedly worth more than $7 billion: Anytime you see a dollar value placed on in-ground resources it is fraudulent. Period. No if, ands or buts about it. That is illegal in every jurisdiction no matter the mining code of regulations.
To claim reserves, a company must have a full (bankable) feasibility study
. These are not reserves. Even if you do have a full feasibility study, it is prohibited to slap a dollar value on the reserves, as minerals have no value in the ground. They only have value after they are extracted and processed, and those costs are considerable. So much so that the vast majority of gold and silver found in the ground on this planet cannot be extracted profitably. These guys can't even get their basic terminology right. They say "The drilling results will establish the National Instrument 43-101 for the original claims.". That makes no sense. First of all, drilling results do not establish anything by themselves. They require analysis
and study within the framework of the geology. Second, they clearly are rank amateurs and have no idea what "NI 43-101" means. There is no such as "the National Instrument NI 43-101". NI 43-101 is not a document - it is the regulations which govern the reporting of mineral property reports. Every mineral report prepared in Canada by a reporting issuer or Canadian company is required to be prepared under NI 43-101, just like any report by a US company must comply with Industry Guide 7. There are numerous types of repo rts which can be prepared under NI 43-101, and except for a full feasibility study, none of them establish reserves. Clearly they have no idea what they are talking about. From this fundamental error, there is no way they can comply with the strict Canadian regulations if they don't even know what they are. One other huge red flag. They claim their with the ownership of their property they have "ownership in the richest Silver find in North American History." That is pure BS. If I had a dollar for every company or promoter that claimed their property was the richest in history, I would be sitting on a mountain of $1 bills. That claim would also be prohibited under Canadian regulations.
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