The Enterprising Investor

[TRAPPER JIM]

Thanks and your welcome.From all my searching its a real company they have permits and economic assessment reports all approved.They actually started mining in 2006 but they have to recycle the water and the sand kept plugging up the machines.They were forced to shut down operations.They still had their loans coming due and everything.Im not sure really just how they avoided BK.But they spent the last couple of years struggling and selling stuff.Now they are basically debt free and own their mill but no trucks to haul material with.Thats why seeing that truck there is a big deal.They also fixed the sand and water problem with the textile tubes they are basically giant strainers,to filter out the sand.As far as I know they needed 500,000 dollars to start up operations and they just sold an option on one of their properties so Im hoping the big PR comes soon.GLTU