InvestorsHub Logo
Followers 182
Posts 41095
Boards Moderated 5
Alias Born 03/21/2012

Re: wshaw14 post# 4652

Saturday, 07/04/2020 7:27:30 PM

Saturday, July 04, 2020 7:27:30 PM

Post# of 10175
There won't be a 43-101 report; CGLD is not a Canadian-traded company. The only technical report they have is horrible. And fraudulent with their reserves estimated without benefit of a single drill hole or a feasibility study. The guy that stamped it would lose his license if the State of Texas ever got a complaint about the report.

They actually do have more than 20 acres claimed - each of their 10 claims is 20 acres. But they are federal mining claims, they don't own the land. And they have to jump through not only USFS permitting requirements but a whole host of other county, state and federal agencies would have rules and regulations to obey; MSHA and the local Water Quality Control Board for instance. Plus others.

This joke of an OTC company has nothing more than a hobby mine to promote to gullible investors - hence the garden tractor.

Do your own research, use third-party sources, and don't buy into the hype.