GRR: Let’s talk about this crack team you’ve put together for dee Resource Merchant Bank. You’ve hired engineers and geologists, not just finance people.
NG: That’s right. The formula is this: Let’s take advantage of 43-101s. Every one of my guys can write a 43-101 report—they’re engineers and they’re from consulting firms.
As you know, in the mining and oil and gas business, before a company can even tell you what they think they have in the ground, they have to publish a 43-101 technical report. Sometimes they can’t afford it; sometimes they can’t find the guy to write it soon enough.
When we see a press release that shows some good drill results, we ask, “What’s that worth?” So I get my guys, we go to the property, kick the tires, look at the drill results and we come home and write what we think the 43-101 is going to say. The company can’t tell anybody about the data until it’s public, but if you can figure it out without the company telling you because you’re smart, then you’ve got information that the public doesn’t have. It’s all there, you just have to do the work. And that gives us a great advantage..without prejudice..