Buscar Company (CGLD)

[No1Uknow]

Here is a post that will not be popular

A certified 43-101 or a report on a property by a certified geologist requires certain guidelines and rules as set forth by the Mining Commission.

Verifiable reserves and speculative reserves are in two different categories. This company is claiming over what 4 billion in Verifiable reserves and assets and they are basing that on a geologist that died in 1955 and four grab samples from the walls of an abandoned mine ........... that does not make that kind of evaluation.

Add to that the Russian contacts and the Investor Relations guy who was hyped like a day trader when I talked to him at the market open and my 20 years of investing in mining projects and the conclusion is... if you have any common sense run, and run hard.. this is heading for a trading halt.

I do not need a debate,so do not respond with arguments. I hold no position here but did buy in at .028 and sold at .13 so I made coin, I would still have a position today if it were a credible company.

Use your common sense, or get suckered in by another Russian con job.

Your choice