Friday, November 21, 2014 12:46:04 PM
DO YOU DD on this ONE!
Gunner Gold leased some property from BONZ (for a percent of profits too!) but BONZ also has its own claims it said it would consider mining if price of Gold started to rise, and gold prices ARE RISING!
It's all here...
FACT! 10Q says, "$7.5 BILLION" worth of gold in claims...
Look at 10Q from NOV. DO YOUR DD ON THIS AND DECIDE FOR YOURSELF!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9611227
"It is our objective in fiscal year 2014 to identify mineral prospect properties of merit, conduct preliminary exploration work, and if results are positive, to process mineral resources through a market where we believe capital is transitioning to the safety of gold. Our management contends that this business model is timely in a world of financial and currency instability with escalating mineral demand.
However, as the landscape for gold changed in April of 2013, raising adequate capital became much more difficult to secure at a reasonable rate. To ensure the viability of the Company, management entered into an asset purchase agreement with Gunner Gold LLC, which closed in September 2013. The asset purchase agreement allows the Company to retain critical assets such as our mining claim to the land of Bureau of Land Management ("BLM") and the patented Hull Lode claim. It also grants a royalty to the Company on revenues produced on the BLM land while giving the Company 3.3 million units of Gunner Gold, LLC.
A National Instrument 43-101 Technical Report was prepared August 30, 2011 on mineral rights now owned or leased by Gunner Gold. This is a report that is the standard used in the industry to estimate the amount of minerals located on the subject property. The report places an estimate of its inferred mineral resources at 5.88 million ounces of gold and with current gold spot prices of roughly $1,275 per ounce it could have a perceived gross value of approximately $7.5 billion. "
Don't listen to bashers. Read the facts...
Analysts actually visited BONZ mines...
New 10K will be out soon. You will see what's REALLY GOING on, not what bashers THINK is going on....
http://biz.yahoo.com/e/131114/bonz10-q.html
http://juniorgoldminersreport.com/BONZ-PR1.html#.Uuk_BhBdV8E
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