The Jailhouse

[was averagejoe]

My take on it is there never was a grand conspiracy. UC was on a roll and he hooked up with some yokels that bank rolled him a little further by staking more ground for stock. They all thought "Wow, what a wonderful way to make money".

It would have died a natural death if more creditable people like Hutchinson had not chimed in with Billion dollar valuations which was all Sterling and the CT's needed to see Trillion dollar valuations.

In Canada there is no way that I know of to value ground that does not contain proven reserves. Millions of acres are often carried on the books for $1.00. I have seen companies with tens of thousands of acres of privately owned fee simple minerals valued at $1.00 because there is no way to put a value on unproven minerals. Claims that are held by invisible option agreements with potentially huge carrying costs are not an asset but rather a liability.

I think Glenn and Maheu were there to simply make sure certain information did not come to light. This to seems a little fetched because no records were kept to paper what went on in the first place.

Buyer beware.