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49erminer1

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49erminer1

Re: hmitwatch post# 14511

Friday, 03/02/2012 11:43:16 AM

Friday, March 02, 2012 11:43:16 AM

Post# of 15403
Interesting view. Please check SEC filings to verify the salary of the new (current) CEO and see if he or any of the new Board Members have purchased stock. The CEO has owned the Excelsior Mine for many years and has leased it to US Borax, FMC Gold and several junior Canadian and US companies. It is his opinion that it is extremely valuable, and for that reason he assumed control of Alto Group Holdings,Inc. which owns 51% of Alto Cascade Resources, the present owner of the claims.

Alto is currently attempting to lease and/or joint venture the Excelsior to generate capital.
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