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Re: White Cobra post# 13577

Wednesday, 02/09/2011 2:57:52 AM

Wednesday, February 09, 2011 2:57:52 AM

Post# of 101798
new to this board. I'm doing my own dd now to decide whether or not to jump into this stock. I just looked at stervc's dd on the share price valuation.

http://goldtent.net/wp_gold/wp-content/uploads/2009/10/0023.jpg
This is a link to a picture of a bar of gold, exactly 1kg = 1000 grams.

Now I'm no expert at dredging gold. So can anyone tell me if 1350grams per hour is possible from just one dredge? If it is, we're looking at close to $64,000 in revenue PER HOUR, which seems far-fetched. The management over at Sunergy has predicted revenues of 30-40 mil while stervc has it all the way up to 100 mil. I'm not bashing on stervc but seems a bit exagerrated to me. BUT, I am no expert in the industry nor have I found any evidence that Alan Tree's product can do what people say it can.

Anybody who has worked in the industry can confirm that the dredging methods of this company can actually net us this much revenue? Seems a bit too good to be true especially for a pink, but I can't say for sure since I'm not an expert. Anybody know a large gold company that used the same methods to acquire gold? All the companies I've seen so far get their revenue from gold mines.

Btw, I'm open to all ideas so feel free to tell me I'm wrong but if you do please back up your opinions as I am considering in investing. Thanks.
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