Ann: Gov NDIBK04 Data Confirms IOCG/ISCG Model for Mt Lamb, page-93

GB23 (and others),

Given ICG's apparent inability to distinguish pyrite (fool's gold) from chalco in the BK04 core, what gives you the confidence that in future if ICG refer to core with chalco it is in fact chalco and not fool's gold. I think the issue goes directly to ICG's credibility and the checks and balances it has (or may not have) to ensure the market is not misled. The fact that there was a failure to distinguish pyrite from chalco suggests no checks and balances were undertaken. This is a public company, so they need to exercise a high degree of care and skill. If they are lacking in certain skills, then they need to hire them quickly.