Sorry, guys,you need to wake up. This was, is, and always will be, nothing but a simple desert dirt con game....Did you know that they have had the right to mine the tailings, even though the lease is not renewed? Yet, they have done nothing...of that we have proof..the dirt pile is still there.
The mysterious buyer has never been identified and most likely is just a paper shuffle. In order to con investors and the state, they did pay some royalties, but not the 43,000 reported. They paid $25,000, in 2003, with a bit in 2002, when they reported ore sales of $150,000. This data is different that what they reported to their shareholders 8/2003, when they announced the $500 mm sale which they claimed was made 6/2003.
Then, since that "sale" had been made when they were delisted, and they got no benefit from it, they turned around and issued it as a blockbuster Christmas windfall, 18 months later. HELLO??!! Major red flag....Anything to keep the sting alive. As well, I'm sure the company sold heavily into the pump and dump.
What you all could be doing is organizing a class action lawsuit against these scammers...They may have $ from stock sales, which could perhaps be invesigated...
They are committing FRAUD, and have been doing it for 10 years.
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