Tuesday, August 30, 2016 2:49:58 PM
Except there was never a working mine. The scam angle was there were these plastic wrapped concentrates, piles here and there just needs a little grinding. Everything above ground, with no mining involved.
There was never any mine operation. Just all these millions laying around on the ground. And to think he paid a whole $54K to Ontario to get this valuable property out of BK. Yep, only our hero Duncan-Jeffy knew such wealth was for the having. And only our hero was unable to use it as collateral for a commercial bank loan. Off weeeee go to the Microcrap market instead.
Hard to blame it on Duncan-Jeffy. There was plenty of warning in Jan 2013 this was a scam (e.g. KMAG). Along with the filings. Each PR issued for this scam was pure comedy. Throw a dart and land in a Microcrap mining scam.
A stock suspension would probably occur if Duncan-Jeffy had filed the 10K. Then what? A cult CEO getting a 2nd suspension might have repeated the KMAG post suspension nonsense.
The SEC civil litigation doesn't involve arrest. Very few Microcrap scams involve criminal activity. Which the SEC would turn over to the NY AG.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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