David George Wahl, P.Eng., P.Geo., ICD is principal of Southampton Associates-Consutling Engineers & Geoscientists. He has reported on mineral exploration, development and mining properties in 60 countries on 6 continents. As a past director of the Prospectors and Developers Association, Mr. Wahl provided independent review of National Instrument 43-101. Mr. Wahl is a technical advisor to Canadian National Financial Institution, Provincial and Federal Government Agencies, exploration and mining companies and National legal and accounting firms. Mr. Wahl is a member of the Institute of Corporate Directors and currently sits on a number of Boards of Directors of Canadian public companies and is president of a Canadian Public Mining Company.
For information on Southampton Associates please visit www.southamptonassociates.ca
Segundo día: Miercoles, Septiembre 1, 12:20-12:40
How to Survive National Instrument 43-101
National Instrument 43-101 was introduced to establish national report requirements for mineral properties. Over the year, the letter of the policy has dwarfed the spirt of the policy, which was to provide the average investor with information to make an informed investor decision. To day, most NI-43-101 are very technical and cannot be understood by the most knowledgeable investors. From the company's point of view, the harsh reality is that if investors do not understand the report they will not invest.This situation hurts the investors and the companies and has caused much confusion and resulted in many questions. Examples of this imbalance will be discussed along with many frequently asked questions about NI-43-101.
