"Within a light-hearted presentation on NI 43-101 reports at the Prospectors & Developers Association of Canada’s annual convention came a hard message: the industry is publishing speculative project studies that are misleading investors."
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This links to one of the better PDAC reports out there, one from Mining Journal on the presentation that demonstrated the limitations of 43-101 and shows how the failed system is being used by the BS promo pump companies to hoodwink investors. Strangely, none of the very same of the promo pump sites in cahoots with the BS-merchants, getting paid to trump up the crap and fleece the investment public, made any mention of this talk over the week. It starts like this: