Buscar Company (CGLD)

[moneymarkets]

The report clearly states there are unproven reserves. It says:

"The reserves calculations provided here are unproven reserves based on exploration activities undertaken by Treasure Canyon Enterprises, Inc. for the last years. Data on the reserves include geophysical mapping of the extent of the veins as discussed in the Geologic Report, the results of tunneling into the veins as discussed in the Geologic Report, and assay reports from internal and external laboratories. These calculations are considered unproven until such time as additional geophysical data is collected and core drilling is undertaken."

Nothing fraudulent about it.