Monday, July 17, 2006 10:25:08 AM
The thing is, serious investors ARE reading the PRs, and if they do they will see that nothing is definite (at best) and probable (at worst). Stop and think about this...the handful of supporters here are telling you that they are gonna start mining gold on this land. They say there is gold there. But think about the situation from an objective (not pumping) perspective.
The company and rep that is trying to sell/lease this new property says that "geological studies" have been done that say there is gold on this property. Zero tries to get us to believe they have the equipment on the property already to begin mining operations in 60 to 90 days, and that it's a small property and it will be easier to produce gold quickly. What is actually the case if you read the PRs and think about what they say?
Why isn't this company and this person mining gold on this lucrative site already with the price of gold skyrocketing? Why would he be leasing it at all at this point in time? What unassociated company can verify there is gold in this land other than the person leasing it to Drake? Nobody. What financial wherewithal does Drake have that can make any of this actually happen? Nobody knows, they don't have to report, nor tell anything about their financial situation. Why wouldn't any of the established, familiar gold producing companies take advantage of this wonderful opportunity if it were cost-effective and verifiable at this point in time with the price of gold where it is? The only company smart enough to lease this land is a two month old startup company with no real gold-related management personnel?
Yeah...I think people are starting to read the PRs. They see them for the smokescreen BS that they really are.
Good luck to you.
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