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Re: moneymarkets post# 7701

Friday, 08/28/2020 3:31:57 PM

Friday, August 28, 2020 3:31:57 PM

Post# of 10175
The mine has no value. The chances of it ever producing anything again are damn near zero, and even then any real production would be years and millions of dollars in exploration, studies and permitting away. Assuming there is even anything of economic value there, which is highly doubtful.

The only thing these old mines in California are good for is for stock promotions, if not outright scams. Witness the Ruby Mine next door, which was used in another very obvious stock scam recently.

CGLD is a very obvious scam.