The company has attracted major investors - doesn't sound like a fly-by-night to me: "Our Company has attracted funding that will enable us to complete multiple phases of our exploration program. Legendary investor Dr. Phillip Frost (Chairman of Teva Pharmaceuticals, Inc. (Nasdaq:TEVA), Ladenburg Thalmann & Co. (AMEX:LTS), OPKO Health, Inc. (NYSE:OPK) has invested $5 million in our subordinated debt and convertible preferred stock. Additionally, two European institutional investors increased their investment in the company by an additional $1.5 million in equity financing bringing their total investment to over $5 million."
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