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Re: richinfolsom post# 29

Wednesday, 09/13/2006 11:02:05 AM

Wednesday, September 13, 2006 11:02:05 AM

Post# of 1026
Just did a quick skim of the old posts here, and found this blurb. Wonder why they have yet to report any sales? Hmmmmm. IMO, with 99.9% certainty, that post was a blatant lie by Nelson, if he actually stated those things. There are no marketable quantities of pgm's in the SW USA, much less at multiple ounces per ton rate, as the company has proclaimed elsewhere. There is only one way to prove what's in those tailings and that is with assays by a reputable lab like Chemex or ACT Labs.

<<Posted by: richinfolsom_inj
In reply to: None
Date:5/25/2005 2:31:42 PM
Post #of 540

Just got off the phone with Larry Nelson, Director of Acquisitions, who is on the road. He tells me that what has really got them excited about the mine which they recently purchased is that they have found at least as much platinum as gold in the tailings, and platinum is worth twice as much as gold. When I questioned him about the validity of their test results, he said their newest client sent their own chemists to repeat the tests just to make sure, with the same result, and now plan on installing three processing plants at their own expense. They are in the process of obtaining financing for the construction of these plants. They are getting calls daily from mine owners all over the country. One particular company has tailings many times richer than any we have tested thus far. The potential for this process is absolutely staggering.
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