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Re: orefinder post# 85331

Saturday, 11/01/2014 6:31:57 PM

Saturday, November 01, 2014 6:31:57 PM

Post# of 129904
I am not confused. I have reviewed their bogus and non-compliant "NI 43-101" report (HUGE red flag right there). I understand that the main targets are paleoplacer channels, but by definition those deposits, particularly in California, are very difficult to define and of questionable grade. That is definitely the case here, as the Company has been hanging their hat on recovery of specimen nuggets to pay the bills rather than bulk gold production. That is an extremely poor business model.