Re: financing
posted on
Oct 18, 2008 07:20PM
Producing Mines and "state-of-the-art" Mill
To the LBE board.
It is true that I have posted on ISM's board - given the close proximity of both companies I like to see what ISM is up to. I have been labelled a basher by some on that board because I ask questions about the now delayed NI 43-101 that was stated was sent to Micon in May. Around the same time it was stated that a V-Tem survey was going to be done - to date no technical reports have been issued .. this has me questioning the length of time that it has taken for an NI 43-101 to be completed and/or for mgmt. to issue a NR updating its shareholders as to the reason(s) for the delay. To date, October 19 2008, no such nr's have been forthcoming nor the technical reports.
I guess I am spoiled being an LBE shareholder as we have been consistently updated with NR's and technical reports and company updates - at times I may not be happy with what is stated but I am happy that I am being updated. I use LBE as a benchmark in comparing other companies.
As for the 3-D model that Wolfie is referring to I would like to know what about the 3-D model scares Wolfie. There is nothing special about it as it is solely based on numbers and spaces as found on SEDAR - they are what they are - there has been no interpretation to these drill results. There is no defamation the numbers are simply 3-D representation of numbers ISM has posted on SEDAR - how does this constitute defamation?
However if anybody wants my techie friend would be more then happy to download the actual Google sketchup files info to some public server so people can go and check and confirm the dimensions and the coordinates that he has drawn.
-B1-