I'm working on researching this thoroughly and have found a lot of stuff I haven't posted yet and some I did on my forum, but for starters I thought I'd share this with everybody over here
A letter from Gary Ousley, P.E., L.L.S. President, Alchemy Engineering Associates
I found it odd that he clearly says estimates and not proven reserves and that the letter is addressed to Nick Song and not to Paul Van Gamper or GFC 2005 LLC
GLER has printed in several locations that there are 5 million tons of proven reserves citing Gary Ousley of Alchemy Engineering Associates as the source for that number.
I emailed Gary Ousley and sent him a copy of the 8K asking him about his report and this is what he told me:
What we know so far is that Gary Ousley did not call them proven reserves so that claim is false.
I emailed him back again asking who Nick Song is and if Mr. Ouslay even knows of a Paul Van Gamper or GFC 2005 LLC.
Just got his reply:
An attached copy of the original report he sent me:
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