"I have read a report from a peer company geo in region that slams what had been reported and the geo teams approach taken for Aug 2010 JORC."
Denial could you please give us some details otherwise it just sounds like an unsbstantiated ramp.
Also can I refer you back to these questions..
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1451474&msgid=8246358
cheers