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Friday, December 05, 2008 11:43:41 AM
It's a tiny property to begin with. It's only 25 acres and they have already told everyone that they will not be mining very much of it in the beginning. (if they ever mine any of it at all)
So. Under the circumstances they have laid out, they have a 25 acre property of which they will only be mining a small area and the property has been mined in the past with prior groups leaving it due to lack of profitability. That doesn't leave them a whole lot.
Like I have said, this is more about mining shareholder dollars than it is about mining gold. These people won't even give anyone the name of the assay lab they used or the testing protocol they followed to determine whether or not the property would be profiable to mine. That's about all anyone needs to know about this scam.
Just out of curiousity, how much would you expect them to mine a day. They have been saying 250 tons, and it doesn't appear to take a rocket scientist to work that machine.
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution
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