Oh dear, oh dear, oh dear. That used to be the catchphrase of Mike Walters in his tipster heyday and boy does it apply to Arian Silver which has just received a very public bottom spanking for filing a non-compliant report from the Canadian regulator. Arian is listed in Canada as well as on the Cesspit AIM market.
Rather than be accused of making it up I just reprint the Arian statement in full:
Arian Silver announces its intention to file a technical report including a summary of operational details and economic factors.
The British Columbia Securities Commission has reviewed the Company’s independent technical report, compiled by CSA Global Limited and dated 23 April 2012, which was published for the primary purpose of updating investors with the results of the 10,000 metre phase 4 drilling programme at Arian’s San Jose property.
The Commission’s review of the 2012 Report identified areas of non-compliance with the Canadian standards of disclosure for mineral projects
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