Friday, July 25, 2008 4:28:32 PM
BTW did your associates manage to buy the 6 million shares in early January when the price was beteeen 0.03 to 0.04? If they did, I bet they won't be too happy now. But they could buy some more at the low price of 0.008, since we now have proof that the company is not a scam.
According to their PRs, they sold $60,000,000 worth of gold in 2007. Since then, they had bought state of the art equipment which could double production to $120,000,000. Wow!
If the share count is only 500million, but the company is worth only $5million, this is a bargain too good to miss.
Why no one is buying this beats me. It maybe because the company has been caught forging documents in the past, or maybe all the unfulfilled promises of the past like buyout at 0.5, shareholders meeting etc etc etc.
My conclusion is as always. BIG SCAM !
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