I cant find any mining business that this company does, or ever had done since inception in 2008: if anyone has anything proof otherwise let me know. But its all there in the last 10-Q report from 5 years ago: zero mining or even land ownership as of yet. This is one of those dead penny stock mining company’s because currently its just a mining company in name.
Page 22 from last 10Q years ago...they dont even have the land purchased yet....let alone permits of course or equipment. This company has had zero mining revenues since it started 2008...: it simply is not a gold mining stock because they havent even paid the $25,000 all these years for step 3 below to buy the land:
Incorporation and Registration of the Company (complete) 1 month $10,000 Registration at Ministry of Mines in Mexico (complete) 1 month $5,000 Obtain Land from Landowners 1 month $25,000 Obtain Mining License Work Plan 2 months $25,000 Exploration Equipment 2 months $200,000 Production of Equipment 1 month $85,000 Offices and Salaries 6 months $200,000 Transport, Logistics 6 months $50,000 Contingency
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