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Re: bobbybdb post# 97974

Tuesday, 01/12/2010 7:31:35 PM

Tuesday, January 12, 2010 7:31:35 PM

Post# of 221872
bobby, from my long experience and dealings with business and property appraisals which involves the expertise of a certified appraisal by an independent expert in the business/property in question, it would be a first that an appropriate value of any entity is established and reported in a freaking 8K.

Are you serious?

Where are the studies and reports by independent third parties who might be examining the properties in question? Who have they hired to appraise the claims or mines? And are they only claims and as such expire and therefore in and of themselves are wasting assets that have no inherent value. They don’t own the land. ANd if they are mines that they own, what exactly are they selling that they shouldn’t have already marked to market on their balance sheet? Where is a balance sheet if they are selling the stock to this buyer. Wouldn't they need one as well or are they just going to plunk down hundreds of millions of dollars ignoring ordinary course due dilligence?

Just a whole bunch of questions that the stock price must have as well.

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