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Re: ShawnTrade post# 47621

Saturday, 09/12/2015 12:48:55 PM

Saturday, September 12, 2015 12:48:55 PM

Post# of 62039
Yes, Jorge is in a bit of jam with tax evasion in Ecuador. This is coming from a contact in Ecuador who also owns his own mining company. A smaller one obviously but has done business with Jorge and knows him personally. Will not reveal his name or contact information out of his respect for privacy, but it is he who told me about Jorge's tax issue roughly 2-3 weeks ago now. Orot is suspended in Ecuador till this matter is resolved which means they can no longer export gold to Miami or other metals out of country.

So I agree 100%. In order for OROT and Jorge to continue with business and make money, acquiring this mine is his best bet. A tax shell is what he needs and a tax shell is exactly what SIRG is. Too many benefits for Jorge and OROT to not capitalize on this. It's a no brainer!! If all it cost was $1.1MM, i'm sure Jorge could front that out of his own pocket! That's chump change to him.

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