Ann: Nachu Graphite Project Update, page-14

Ryaning, I'm puzzled. Where is the contradiction between what Canaccord have said, and the statements in the announcement?

Apart from the fact that the Canaccord report clearly states that their research trips took place in Dec 2014 and Feb 2015 (and we do not know on which visit they actually went to see the MNS site), the MNS announcement does not state that either Sinoma or Sinosteel have been to the site as yet. It says :

"Site visits have occurred and are planned in coming weeks with parties including those listed above" (Sinoma and SinoSteel)

Who has already visited the site? Who is still planning to visit the site? The announcement does not tell us.

Based on the announcement, the Canaccord statement is therefore still valid, as far as reported site visits are concerned . Equally, I can see no other point in the announcement which contradicts the Canaccord report.

Cheers,

Prime1