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Re: BeamMeUpScotty post# 55790

Friday, 05/29/2015 2:29:41 PM

Friday, May 29, 2015 2:29:41 PM

Post# of 71937
Umm, there has never been any drill sampling done on Garth's claims. Only grab samples. Impossible to define a resource from them.

Further, the SEC does not allow attributing an inground value to ore under any circumstances.

At this time, the claims, which may soon expire, have little value.

That, and most mineral prices have declined...AND, it takes years, millions of $ in exploration costs, just to get to the point of commissioning a full feasibility study, which may find that the ore is not economic to mine.

The above should help people to understand why this venture has not attracted outside interest.