Liberty Star Uranium and Metals Corp (LBSR)

[mstoneinv]

Mining Scams

http://www.azgs.az.gov/mining_scams.shtml

Principals with the firm and other vested partners, though well intentioned, may write overly optimistic reports. Statements, for example, referring to the attractiveness of a deposit because of its close proximity to a famous producer or the historically proven improvement of ore grade with depth in the mining district may have the ring of authority but are often pure speculation. Such reports frequently speak glowingly of questionable assets that may be virtually worthless,

An example of this would be a report claiming up to 100 BILLION dollars of ore being produced from a claim before even one hole is drilled.