MineralRite Corp (RITE)

[rbtree]

LOL. Those piles are worthless. Already mined, decades ago. Grade was sub-economic at .005 opt Au... and, notably, ZERO PGE's

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176948031

The complaint also alleged that from 1996 through 2001 HCCA, through the efforts of Pietrzak and Furlong, reported to the public that is was an entity with substantial assets when, in fact, it was virtually worthless.

Here's the original 2003 complaint: https://www.sec.gov/enforcement-litigation/litigation-releases/lr-18016

Defendant Jordan engaged in fraud when he issued false and misleading reports that valued HCCA's mining assets at more than $2 billion.

As to the remaining defendant, Jordan is charged with violations of the antifraud provisions of Section 17(a) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. He is also charged with aiding and abetting violations of Section 13(a) of the Exchange Act and Rule 13a-1 thereunder.

Donald Jordan was the incompetent assayer whose fraudulent assays claimed values of 2-6 ounces per ton of gold and several PGE (platinum group elements), all from a pile of mined over tailings that only produced a few ounces of gold when first mined, well before the HCCA fraudsters got involved.

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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176795340

My old friend albacora put it all together here. Nothing has changed. The tailings are worthless and will remain so, forever. Can't get blood out of a turnip

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