This is just the paperwork filing stage.
File paperwork for what? There is no mineral discovery, just four gold placer claims in Wyoming that has been shown to be worthless.
There is also a big question on the competency of people in management.
Competency? Honigford knows zero about mining. Not sure how good of an attorney he is either....or a "businessman". According to court documents, he cooked up a scheme to cheat one of the business partners he worked for out of his portion of the $40 million buyout of the business. He hired an appraiser that grossly undervalued the business. The plot was found out, and the partners were forced to pay restitution. Honigford was labeled as too poor to even bother pursuing for his portion of the restitution.
Do your own research, use third-party sources, and don't buy into the hype.