Followers | 102 |
Posts | 19368 |
Boards Moderated | 1 |
Alias Born | 10/07/2010 |
![](https://investorshub.advfn.com/uicon/220694.png?cb=1687472807)
Monday, February 27, 2023 12:45:48 PM
Recap of my questions.
1)Quote” re: Sean Rae Zalewski post# 9081
Friday, February 17, 2023 10:53:23 AM
Just the fact that a CEO felt it was necessary to show up on a chat board to counter a couple of posters saying that his company is a scam , is a red flag for me.
It was bad enough when you put out that ESG climate change nonsense PR. The biggest polluters in the world are the people pushing the green agenda and climate change hoax while they spray millions of tons of toxic particulate matter containing aluminum , strontium, barium and over 60 other toxins in the skies every day over every major city in America, and many other countries. Unfortunately only a small portion of the population look up at the sky and see the chem trail grids over their city.
It’s such a hoax.
As for the small mining footprint, I could swear that I read somewhere that you guys had to back and widen the tunnels?
Feel free to correct that if I am wrong.”
2)Quote” e: Sean Rae Zalewski post# 9081
Friday, February 17, 2023 11:05:09 AM
I have another question. I just noticed this in the filings this morning.
“In the second quarter 2021 the company acquired certain mining technology from Red Beryl Mining Company for 7,000,000 shares of restricted stock valued at $.15 per share. Amortization will begin when the technology is put into service.”
Is this not the same guy who pumps the stock 24 hrs a day on Twitter with a group of private placement holders and also in a private chat room?
The same guy who in my opinion, appeared to be clueless about mining when he started posting on this board a few years ago, based on what he was saying?
What possible mining technology could he have that the company was willing to pay over 1 million dollars in restricted shares for?”
3) Re: Sean Rae Zalewski post# 9081
Friday, February 17, 2023 11:14:50 AM
Sean , could you provide a more in depth assay report? I found the report we got in the PR awhile back to be rather vague. What was mean by "average"assay? Average of what?? How many samples? And chemical assay. Why not fire assay? For higher grade material, fire assay is the way to go, not chemical analysis (AA).
Why so vague about the collected samples?
One sample result for 300' of a vein? A channel sample every 5 or every 10 feet is the norm.
We’re they Grab or channel samples? If they were channels were they completely across the vein, and if so, what was the width sampled?
Where is the Report to document any of this?
Where are the maps showing sample locations, geology, vein widths and orientations?
Why is there so much emphasis on hyping historical assay results? A lot of that historical assayed ore is mined and gone.
Any clarification you could post here would be helpful.
Thanks “
Original Report Filed on 2/15/2023 From pg 15 of 24 “An ore sampling program was completed along a length of 200 feet of the exposed vein in tunnel #1 between known previously mined areas. The fire and chemical assays results prepared by Liberty Refiners are included as addendum 1.
https://www.otcmarkets.com/otcapi/company/financial-report/359252/content
Unless I missed it, I saw no addendum 1 anywhere in the filings.
Original Annual Financial Report Filed on 2/15/2023 pg 15 of 19. NOTE 4 – RELATED PARTIES
The officers and members of the Board of Directors have received stock and cash as compensation, amounts paid to date was as follows, includes past Directors and Officers:
In the second quarter 2021 the company acquired certain mining technology from Red Beryl Mining
Company for 7,000,000 shares of restricted stock valued at $.15 per share. Amortization will begin when
the technology is put into service. In the first quarter 2022 the Company acquired patents and mine
records from Merger Mines for 750,000 shares of stock valued at $.22 per share. Amortization will begin
when put into use
https://www.otcmarkets.com/otcapi/company/financial-report/359251/content
Now again, unless I missed it in the disclosures I don’t see any 7million shares issued to Red Beryl Mining in the issuance tables, but there is 7 million shares issued to Gary MLadjan of Merger Mines at .15 for tech design on 5/25/2021 and 1,428,572 shares issued to Red Beryl Mining for cash on 5/27/2021.
Now that’s pretty interesting and warranted further investigation.
Then I see that the Quarterly report was amended the next day on 2/18/2023 to not show Red Beryl Mining as receiving 7 million shares.
“NOTE 4 – RELATED PARTIES
The officers and members of the Board of Directors have received stock and cash as compensation, amounts paid to date was as follows, includes past Directors and Officers:
In the second quarter 2021 the company acquired certain mining technology from Gary Mladjan
Company for 7,000,000 shares of restricted stock valued at $.15 per share. Amortization will begin when
the technology is put into service. In the first quarter 2022 the Company acquired patents and mine
records from Merger Mines for 750,000 shares of stock valued at $.22 per share. Amortization will begin
when put into use.”
https://www.otcmarkets.com/otcapi/company/financial-report/359618/content
And another amendment with the disclosures and annual reports combined filed on 2/22/2023 https://www.otcmarkets.com/otcapi/company/financial-report/359756/content
Pg 15 of 43 “An ore sampling program was completed along a length of 200 feet of the exposed vein in tunnel #1 between known previously mined areas. The fire and chemical assays results prepared by Liberty Refiners are included as addendum 1.”
Still no addendum 1 ??
Pg 38 of 43 “NOTE 4 – RELATED PARTIES
The officers and members of the Board of Directors have received stock and cash as compensation, amounts paid to date was as follows, includes past Directors and Officers:
In the second quarter 2021 the company acquired certain mining technology from Gary Mladjan
Company for 7,000,000 shares of restricted stock valued at $.15 per share. Amortization will begin when
the technology is put into service. In the first quarter 2022 the Company acquired patents and mine
records from Merger Mines”
No mention of Red Beryl Mining again.
Was it a mistake? The fact that the CEO didn’t have the cajones to address the questions here makes me wonder. Will there be another amended report showing the info in addendum 1 and if not why not??1
FEATURED North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • Jul 18, 2024 9:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM