Rainmaker Worldwide Inc (RAKR)

[gitreal]

CJTF's ORE ESTIMATES ARE FRAUDULENT. The ones they post here....

http://www.goldandsilvermining.com/docs/Properties_110613.pdf

The SEC has issued standards that govern what public mining companies (both reporting and non-reporting stinky pinkies like CJTF) are allowed to disclose: Industry Guide 7 (Description of Property by Issuers Engaged or to Be Engaged in Significant Mining Operations) (Guide 7)

Here is a good starting point that goes over the standard. It is simple enough for anyone to understand:

http://www.wfw.com/Publications/Publication1150/$File/PLC-PublicMiningCompanyDisclosure-Nov12.pdf

Here is a quote directly applicable to those bogus ore estimates that CJTF has issued:

Quote:
A company is generally not permitted to disclose estimates
of quantities and grade of minerals that are not “proven” or
“probable” reserves, as defined by Guide 7 (see Instruction 5 to
Item 102 of Regulation S-K and Instruction 3 to Section (b)(5) of Guide 7).

CJTF's gold and silver estimates are not proven, and they are not probable. Nor are they inferred. They are simply bogus, using estimation methods that are laughable and deliberately misleading. Not to mention there is no third party report or data to support the assumptions used in the calculations. Bogus....!

Flip this stock, or sit back and watch the circus. But nobody should believe this company will ever mine an ounce of gold or silver.