After reading through recent posts, I encourage everyone to do their own research before making any decision. I have many facts here so please read in its entirety.
Outstanding Shares - FACTS -
PER Q1 '24 REPORT
Total shares authorized: 7,500,000,000 as of: 3/31/2024, 4,968,125,286 shares as of March 31, 2024, 4,968,125,286 shares as of December 31, 2023, 4,968,125,286 shares as of December 31, 2022
PER ANNUAL REPORT '21
As of December 31, 2021, the number of shares outstanding of our Common Stock was: 4,968,125,286 , As of September 30, 2021, the number of shares outstanding of our Common Stock was: 4,947,455,643 , As of December 31, 2020, the number of shares outstanding of our Common Stock was: 3,846,011,499
The acquisitions of the Bishop Mill and the Copper Mine, are related to shares. IN MY OPINION, both of them have opportunity for revenue. So is this dilution? I would say no cause it adds value. Do you know how important the Bishop Mill is and how valuable it is to the company. Go out and meet a hard rock miner, a mill is the most important part of the process.
OH YEA, did you know that shares issues directly from the Company’s Treasury have a 12-month hold period. So the new shareholder has to wait and then has to get an attorney letter on how they got the shares and then has to get them cleared. It’s a long process and cost money to get the shares cleared…. Long and short of it, this IN MY OPINION this does not affect us shareholders today. It’s normal corporate activity. Shares issued like this are not cashable today!
FOR THE NON-PERMIT COMMENT REGARDING MINING:
Also, a mining property does not have to be permitted for production to move ore off the property. The permitting rules and requirements vary depending on exactly how the ore is removed. For i.e., mechanical machinery vs manual, under ground vs land disturbance, fee simple property vs mining (mineral) rights property, etc. The only way to know is to research with the overseeing governmental agency for the particular land parcel. And the only way to know if a project is permitted and/or bonded is to be a well versed miner who know how to research that. IN MY OPINION: is any one in here a long time successful miner? If not, how can you speak on this point.
MONTHLY OBLIGATION STATEMENT: Where is it written that the obligation is to be paid for in shares. Do you know if the new management doesn't already have that figured out? Do you know if the monthly obligation isn't just going to be accrued until revenue is able to pay it down? IN MY OPINION, you don't know, If you do, please enlighten us.
All in All, do your research and don't listen to personal opinions.
