This is definitely looking like a scam, which is sad because it could have been a viable mine.
Years ago I spent quite a bit of time researching the mines in the area and the geology of the area.
The host rock in the area is quartzite from the Triassic period 252.17 to 201.30 million years ago.
Magmatic activity produced many antimony, as well as gold and silver deposits, in the area. One of the few areas in the U.S. to have minable antimony deposits.
There have been dozens of profitable stibnite-cinnabar (antimony-mercury) mines in the area, and it is conjectured that there are even greater numbers of unexplored stibnite deposits in the area.
Newer ore extraction methods, such as molecular recognition technology, make it profitable to mine even low-grade ores.
We could have become a profitable mine, supplying America with a critical metal, and at the same time, we could have acquired the rights to nearby antimony deposits and expanded our capabilities.
Looks like that will never happen.
