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Re: johnstockmaster post# 786

Sunday, 01/08/2012 6:18:06 PM

Sunday, January 08, 2012 6:18:06 PM

Post# of 3562
PRs are all well and good for a temporary boost in the stock price but the true worth of the PR always shows up on the balance sheet. That's the reason for keeping a Balance Sheet.

As I said before, it's not surprising that the RPTN acquisition was done with little publicity. What did they really aquire? RPTN has NO assets, it's only usefulness is as a vehicle to sell stock.

What is the "Mineral King's" area of expertise? Is it gold mining? NO! It's stock promotion and sales.

As far as RPTN shareholders go, they will NEVER recover thier losses and most will never recover anything as the cost of selling their shares exceeds the proceeds. That's what they get for disregarding the numbers and "connecting the dots" to make the picture appear the way they wanted instead of reality.

The stake in Slashwood is not worth much except to provide "truth" to the claim of gold revenues or do you think the former owners of Ontage were stupid enough to sell something worth a lot of money for a "handful of magic beans"? Slashwood is a mature operation so Ontage knew what to expect from their 10%. If it was significant, they would not have sold it for risky penny stock shares.

Good luck to you.



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